Trinity Industries, Inc. (TRN)

Bottomed out, and seems to be making a recovery. I would be long on this stock, but wouldn't purchase in the short term. Reason being that the volatility of this stock is amplified when there is an economic downturn. There is increasing downward pressure on the market right now, and I would wait for a pull-back before initiating a position.

Otherwise, I agree with all the other posters. It's poised to pop, due to its strong position in Wind, and Highway construction. What I would really like to see is a shuffling of management, and drastic reorganization of this business structure. I think they should sell off their rail car division and focus more on Barges, Freeway Construction, and Green Energy.

I plan on purchasing this stock when it is in the 12-14$ range with a 15-20% stop-loss , and a sell point of 25-30.

The Company manufactures and sells railcars and railcar parts, inland barges, concrete and aggregates, highway products, beams and girders used in highway construction, tank containers and structural wind towers.

They just announced their Q3 dividend payment of $.08 a share on Oct. 30, to holders as of Oct 15. This is their 182nd consecutive dividend. While this is only about 1.8% at the current price, it is still paying you to hold for long term profits in the 45% to 90% range.

Their 52 week high was $26.57, but their 56 week high was about $35.00.

Their current assets to current liabilities run about 2 to 1, and their total assets to total liabilities are about 1.7 to 1.

Due to the nature of their business (manufacturing), they do have a substantial amount of debt, but it is not out of line, and is reasonably manageable.

They have cash of about $440M.

Their tangible NW is about 60% of their total liabilities.

They showed a loss of about $200M for the 2nd Q, but this was due to a write down of goodwill from $504M to $180M ($325M).

Since I am in at about $10.00, I am doing great, but it is still a good longer term buy at the current price of about $18.00, and does dip down from time to time to allow for a lower buy in for those who might want to buy in, in steps.

It might also be one to put into your Watch List, in case the "Bears" are correct and we are in for a good size downturn in the market for the intermediate term. That could give you an even better entry point.

There are many areas they could benefit from with economic recovery because they are into several sectors.

The last two analyst's recommendations were buy, but those were back in mid year.Tthere have been no downgrades.

This is not a short term trader stock, unless you are the greatest ever at timing market moves; but it is a good solid stock for the longer term investor.

As always, this is JMO and worth exactly what I am charging for it.