Investopedia: Wabtec Winning On The Rails

Sometimes it makes less sense to figure out who will strike gold and more sense to invest with the companies selling the picks and shovels. While North American Class 1 rails have definitely seen improved operating conditions, there are still variations between the companies when it comes to traffic growth, pricing and efficiency.

Why not consider Wabtec (NYSE:WAB), then? Not only does this rail equipment company supply virtually every North American railroad operator, it also serves the transit markets, international carriers and manufacturers of cars and locomotives. Though the stock has done well already, the financials and backlog here are such that it may not be unreasonable to hold out hope for more to come. For related reading, see A Primer On The Railroad Sector.

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