Wabtec Corp (WAB)

Showed up on a screen for solid 5 year growth with low debt, cash on hand and still at attractive P/E ratios.

Poised to capitalize on U.S. infrastructure spending, especially in “green technology.” The rail industry is a greener form of transportation than air or automobile travel.

Expect the train/rail industry to improve

One of the big things for Wabtec is that they are the leaders in the PTC (positive train control) technology. Congress has mandated that this technology be in the system by 2015 installed. Wabtec leads in the brake supplies and hence in the information for the brake distance information. This will be 60 soon.

Absolutely one of my top picks. WAB is situated to take advantage of both the existing market for the rail industy by providing superior replacement/repair product, and of the future markets for more efficient rail and subway components. This is a financially conservative company, with no debt, fair amount of cash on hand, and a much higher than average ROE.

Railroads are booming - amtrak - local commuter services, subways etc. Climb onboard! Infrastructure play here

the economy wiill pickup so will need for rail cars and fixing of cars

Wabba wabba do.

Infrastructure re-build benifactor. Has tenticles in very aspect of rails

i need this for future

tech

Looks like it has consistently outperformed the S&P 500 and I don't see that changing with it's strong financials in a growing industry.

They make railroad equipment parts - what is big now? Mass transit and railroads. Not just in the USA but across the world - mass-transit is booming.

In my personal portfolio.

Glen Bradford Picks

Jubek pick

These are just piggyback picks to monitor after reading Jim Jubak's column over at MSN on 9/9.

The U.S. Chamber of Commerce sees freight railroad use jumping 88% over the next 25 years.

"All the evidence is there that the train is returning to a degree once never expected [and that] an economic and cultural tsunami is about to transform the United States," says Harvard professor John Stilgoe, author of the recently published book Train Time. "Change is everywhere along the railroads....Track is being expanded, modernized and relaid, and once-abandoned rail right-of-ways are being reclaimed. And what you are seeing now is only the beginning. The best is yet to come."

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