Westinghouse Air Brake Technologies

  • 3 Companies to Hold Forever

    By William Bias - May 23, 2013 | Tickers: UNP, DIS, WAB

    Some people want to “play” the stock market like it’s some sort of casino, buying and selling stocks daily and hoping to make a quick profit. This is the wrong approach. Trying to predict daily stock price movements represents an impossible task and what little profits you do make can be eroded by commissions and/or capital gains taxes.

    It’s best to view stocks as a way to more »

  • 3 Railroad Companies for Your Portfolio Today and Forever

    By William Bias - May 7, 2013 | Tickers: CNI, UNP, WAB

    Railroads represent a crucial function in industrial civilization. They provide a quick and efficient means of transporting goods such as automobiles, chemicals, minerals, and even crops. Railroad companies operating today sit behind a wide moat. It takes a great deal of capital to build and maintain a railroad infrastructure. The three companies discussed below hold an edge in efficiency, pricing power, and competitive positioning making them worthy of a long more »

  • 4 Concepts That Will Get You Through Volatile Times

    By William Bias - April 19, 2013 | Tickers: KO, MKC, WAB

    The stock market goes up. The stock market goes down. Over the past month the Chicago Board Options Exchange Volatility index, more commonly known as the VIX and a common measure of fear in the stock market, increased 46% as of this writing (chart below). What’s an investor supposed to do? Scream and run for the hills? Actually, the wise long term investor needs to keep a calm head more »

  • 4 Qualities of an Excellent Company

    By William Bias - April 19, 2013 | Tickers: LECO, WMT, WAB | Editor's Choice

    When researching the stock market you may ask, “What constitutes a good stock market investment? What qualities should a person look for in a company?” When you buy a share of a company’s stock you effectively become part owner. Thinking like an owner will help you invest better. The four qualities discussed here will tell you what you need to contemplate before assuming that role.

    Sells a needed product more »

  • 4 Concepts That Will Get You through Volatile Times

    By William Bias - April 17, 2013 | Tickers: KO, MKC, WAB

    The stock market goes up. The stock market goes down. Over the past month the Chicago Board Options Exchange Volatility index, more commonly known as the VIX and a common measure of fear in the stock market increased 46% as of this writing (chart below). What’s an investor supposed to do? Scream and run for the hills? Actually, the wise long term stock market investor needs to keep a more »

  • 4 Qualities of an Excellent Company

    By William Bias - April 17, 2013 | Tickers: LECO, WMT, WAB

    When researching the stock market you may ask, “What constitutes a good stock market investment? What qualities should a person look for in a company?” When you buy a share of a company’s stock you effectively become part owner. Thinking like an owner will help you invest better. The four qualities discussed here will tell you what you need to contemplate before assuming that role.

    Sells a needed product more »

  • 3 Companies Helping Ship Oil by Rail

    By Robert Zimmerman - April 6, 2013 | Tickers: ARII, KSU, WAB

    Bringing oil out of the Bakken shale oil play limits its availability to US and Canadian refineries. Simply stated, oil production boomed too fast for existing pipelines to handle. To ship oil out of the Midwest and to coastal refineries, oil producers have turned to rail as a transportation alternative. Although more expensive than pipeline, rail gets oil where it’s wanted. The future looks good for increased oil transport more »

  • Four of the Best Stocks I Bought Last Year

    By Damon Churchwell - March 27, 2013 | Tickers: EBAY, LOW, WAB

    Amid analyzing numerous industries and their constituents, I've been managing my own stock portfolio, as seen in my profile. Looking back should bring forth the factors that supported price gains in certain holdings, and assist the evaluation of equities going forward. These four, in particular, ought to serve as models for exceeding the market average. 

    Westinghouse Air Brake Technologies (NYSE: WAB)

    Back in April of last year, shares of more »

  • 4 Companies I Hope Warren Buffett Doesn’t Buy

    By William Bias - February 22, 2013 | Tickers: BRK-A, CHD, SJM, HSY, WAB | Editor's Choice

    Food condiments maker Heinz will soon be jointly purchased by Berkshire Hathaway (NYSE: BRK-A) and private equity firm 3G Capital in a deal valued at $28 billion, robbing the public retail investor of another great company. The four companies outlined below represent great businesses that hopefully won’t get poached by Warren Buffett or other private equity firms.

    With roughly $30 billion remaining on Berkshire Hathaway’s balance sheet after more »

  • How GE's Results Read Across

    By Lee Samaha - January 20, 2013 | Tickers: AA, GE, HON, BA, WAB

    It’s hard to ignore General Electric’s (NYSE: GE) results so I am not going to! Without doubt this is the most impressive set of results that the company has delivered in a while, and a number of positives can be drawn for GE stockholders and for investors at large. A company of this size and diversification is never going to have all its divisions firing on all cylinders more »

  • What You Need to Know About Trinity

    By Ron Chatterjee - January 8, 2013 | Tickers: ARII, TXI, GBX, TRN, WAB

    On the 14th of this month, Trinity Industries (NYSE: TRN) announced that, through a wholly owned subsidiary, it has acquired the assets of Armstrong Bros. Holding Co., a Michigan-based manufacturer and lessor of trench shields and shoring equipment for the underground construction industry, for a total price of $40 million. This $40 million acquires net working capital, rental fleet assets, associated manufacturing and operational facilities, and certain patents and trademarks more »

  • What is Famed Activist Investor Carl Icahn Selling Now?

    By Meena Krishnamsetty - December 28, 2012 | Tickers: RAIL, HPQ, OSK, GBX, WAB

    Greenbrier Companies (NYSE: GBX) announced per a 13D that billionaire Carl Icahn sold off over 65% of his stake, dropping his ownership of the rail car company from 9.9% to 3.4%. The selloff comes after Greenbrier rejected Icahn’s latest offer to pay $22 per share for the company, compared to its $15.60 trading range. Shares fell around 15% last week on the news that Greenbrier rejected more »

  • Why Investors Will Disagree over These Stocks

    By Lee Samaha - November 28, 2012 | Tickers: AGN, ADSK, CSCO, INTC, WAB

    I’ve been meaning to write this article for a while now because I think it’s the sort of subject little discussed in mainstream journalism. Essentially, most investment journalism focuses on buying or selling this stock or other with a forthright opinion expressed either way. I understand why this formula works (not least because readers want this), but there is usually very little discourse over how or where the more »

  • Riding the Rails

    By Robert Hanley - November 15, 2012 | Tickers: NSC, UNP, WAB

    The railroad business is going strong, even after two centuries, as the efficiency of national rail networks has led to an increasing share of the nation’s freight traffic.  In an era of rising energy prices, an 18-wheel semi can’t hope to compete with the fuel efficiency of a locomotive.  The American Association of Railroads estimates that the industry’s volume of carloadings has risen 2-3% in 2012, after more »

  • Wabtec: SWOT Analysis

    By Lee Samaha - November 8, 2012 | Tickers: CSX, GE, NSC, WAB

    Wabtec (NYSE: WAB) is the sort of stock that private investors should be all about. In short they make airbrakes and control systems for railcars. It’s not the sort of industry that will get hearts racing or brokers calling you over, but that is the good news! Who cares about being in the fashionable attention grabbing stocks? The idea is to make money and Wabtec has done that for more »

  • Tough Times Ahead for This Bellwether

    By Lee Samaha - October 21, 2012 | Tickers: AA, GE, HON, BA, WAB

    I think Jack Welch would have cause for optimism after General Electric (NYSE: GE) gave its latest results. It’s not that they were particularly good, but rather that the management tried their best to make it sound like everything was firing on all cylinders. The market had other ideas and sent the stock down.

    My view is that GE has seen the best of its operational performance for the more »

  • The Stock is up for Eleven Years in a Row, Will it be Twelve?

    By Lee Samaha - August 28, 2012 | Tickers: FDX, GE, SI, UPS, WAB

    It’s always interesting to run the slide rule (whatever that is) over your portfolio in order to keep it ‘honest,’ particularly when it is doing well. I decided to take a closer look at one of my core holdings Westinghouse Air Brake Technologies Corporation (NYSE: WAB) which is (thankfully) more commonly known as Wabtec. In summary, I like what I see here. Despite the significant outperformance, I think the more »

  • Two Board Members are Buying this Stock

    By Meena Krishnamsetty - August 8, 2012 | Tickers: PH, UTX, WAB, WWD

    Woodward Inc. (NASDAQ: WWD) is an industrial goods company that provides control and optimization systems (such as valves and pumps) for aerospace and energy customers. In the first two days of August, Board member Paul Donovan bought 9,500 shares of stock in Woodward at an average price of $32.97 per share. This attracted our attention because insider buying is statistically a bullish signal, since when an insider buys more »

  • 5 Bargain Stocks With a Rash of Analyst Revisions

    By Soroush Pour - June 7, 2012 | Tickers: DBD, NCR, OUTR, SYNT, WAB

    From the mega-caps to the micro-caps, individual investors are wise to consider how Wall Street is valuing the stocks held in their portfolios.  Likewise, experts’ ratings can be a starting point for choosing attractive investments.  One measure of sentiment that goes under-appreciated is the relative change in analysts’ earnings revisions.  When combined with a bargain-hunting approach, these strategies go together like yin and yang.  See, the fear of most value more »

  • How to Avoid Insider Trading

    By Lee Samaha - May 30, 2012 | Tickers: AMD, INTC, MSFT, WAB, YHOO

    With the Rajat Gupta case in full swing, it’s interesting to take note of the type of companies that he, allegedly, was involved in giving information on. The trial will focus on Goldman Sachs but Gupta also stands accused of giving information out on a Procter & Gamble acquisition.  His friend, Raj Rajaratnam, has already been convicted of insider trading in companies like IBM, Intel (NASDAQ: INTC), 3com and AMD more »