Wabtec Corporation (NYSE:WAB)
The Company provides value-added, technology-based products and services for the rail industry. The products and services through two principal business segments, the Freight Group and the Transit Group.
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Recs
Target of $41 by Dec 2008.
Expected increase of 14 to 20%
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mid-cap global company that will benefit from falling dollar - see jubak's picks for better write up.
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Good valuation and growth, yet the stock has failed to move, all that means is that the valuation gets better and their are even more reasons to buy,
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Jim Jubak's pick.
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RR play; improved braking system perhaps big deal.
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The Rails are hot and investing a lot of money in rail cars and rail equipment parts. These guys are in the sweet spot.
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Way to play the RR boom.
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If you like the rails you'll love this.
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rails, china , asia, need for materials for power. roll on Parts Man
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IS THERE WNY ONE ELSE?
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Serves rail and marine industry which should continue to see growth thru next two - three years as America returns to sensible transportation of goods across rail and off highways.
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Rails may dead in the US but they are alive and well in Europe and Asia. Brakes aren't sexy but they are necessary.
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inexpensive beneficiary of solid rail cap ex cycle
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oil is up, so is rail trafic, and so will the maintenance of rail cars and related items with no end in sight.
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