GATX Corp (NYSE:GMT)
CAPS Rating:
The Company leases, manages, operates and invests in long-lived, widely used assets in the rail, marine and industrial equipment markets.
The Company leases, manages, operates and invests in long-lived, widely used assets in the rail, marine and industrial equipment markets.
Recs
Railroad growth will require new rail equipment in upcoming years. As reported in industry magazines within the last two years, box-cars are decaying - the industry seems to swell and contract so a slew of new box-cars will be needed.