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.
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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.