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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bart Hoenes who wrote (25952)2/11/2007 2:38:31 PM
From: Bart Hoenes  Read Replies (1) | Respond to of 78687
 
RAIL

Makers & Breakers
Riding the Rails
Tatiana Serafin 02.26.07
Rail freight growth is moving faster than Casey Jones' last ride. Rail container maker Freightcar America (nasdaq: RAIL - news - people )( 59, RAIL) has responded by ramping up production 39% last year. It's increasing the number of cars built at low-cost factories, says UBS analyst Jason Feldman. Large customers include Norfolk Southern (nyse: NSC - news - people ).
FreightCar doubled earnings to $95 million for the first nine months of 2006. With a P/E of 6, FreightCar trades at well below its competitors, American Railcar Industries (21) and Trinity Industries (nyse: TRN - news - people ) (13).

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