GATX Corp (GMT)
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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PEGDY screen 9_18_2009
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Rental/Leasing - timing is right - ggod stats - would like to see a better intrinsic value to price ratio but is isn't too bad as it is.
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stock has brock out of a inverse head and shoulders pattern, target price of about $48 dollars,
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Stock has been much higher in past and current conditions do not favor it.
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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.
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As ethanol continues its rapid climb, Gatax will be able to charge (almost) whatever it wants to lease liquid rail tankers.
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Demand is peaking.
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Railroad increase
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Weekly stoch cross and it looks like it has found support around the $36 level.

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