• Railcar Producers and Leasing Companies

    By Damon Churchwell - June 14, 2013 | Tickers: GMT, GBX, TRN

    When Warren Buffett substantially bolstered his holdings in railroad companies with the November 2009 purchase of Burlington Northern, he sparked interest in a cyclical industry that had nearly hit rock bottom. Looking back, it was outstanding timing, as, for example, the value of sector stocks such as Union Pacific and CSX have risen more than threefold since that time. 

    At the same time, some companies that are complementary to the more »

  • Bruce Berkowitz Sells Entire CIT Stake, You Should Too

    By Marshall Hargrave - May 6, 2013 | Tickers: CIT, GMT, IX

    According to Fairholme Fund's latest SEC filing, Bruce Berkowitz and his mutual fund has dumped its entire stake in CIT Group (NYSE: CIT). The stock is up over 12% in the past year, but has been trading in a tight range between $40 and $45 for most of 2013. With the news that Berkowitz has now dumped his stake, it's time to evaluate CIT and see if we more »

  • The Outlook for Expeditors and Two Other Logistics Firms

    By Damon Churchwell - January 14, 2013 | Tickers: EXPD, FWRD, GMT

    A few companies in the broader shipping / logistics industry, but with nontraditional operating strategies, look appealing right now, albeit for different reasons. Specifically, the first, Expeditors International of Washington (NASDAQ: EXPD) is a long-term growth story that presents a current buying opportunity. The second, GATX Corp. (NYSE: GMT), has experienced a revitalization over the past couple of years. Finally, Forward Air (NASDAQ: FWRD)is a niche company benefiting from a more »

  • Should You Join Billionaire Carl Icahn in Greenbrier?

    By Meena Krishnamsetty - November 15, 2012 | Tickers: ARII, CSX, GMT, GBX, UNP

    Shares in The Greenbrier Companies (NYSE: GBX) rose about 15% on November 13 after billionaire Carl Icahn’s money management group reported that it had acquired 10% of the company’s shares outstanding, or 2.7 million shares. Icahn indicated that he was interested in exploring “strategic opportunities” for the manufacturer of railcars. His most recent 13F filing reported a steady position in American Railcar Industries (NASDAQ: ARII); that company more »

  • GATX obsess about rail. But other asset classes created profits.

    By George Gutowski - January 19, 2012 | Tickers: GMT

    GATX Corporation (NYSE:GMT) announced very much improved numbers and attributed better results to a much improved rail market. Brian A. Kenney, President and CEO of GATX, said, “The North American rail market recovered more quickly than we anticipated in 2011." How do you make such a bold-faced comment after Warren Buffett buys into Burlington Santa Fé and publicly trumpets what a great deal it really is. Where's Brian more »