Opinion on  Wabtec (WAB)     Sector: Transportation  >  Industry: Railroads
Wabtec Corp's is trending

Westinghouse Air Brake Technologies make and sell for freight cars and locomotives.  Railroad transportation is a lot cheaper than air freight or trucking when oil price is at or over 100$ per barrel.
The more important part of this analysis is the technical part because Wabtec is strongly trending.  Until the trend breaks, the stock is going to follow the pattern : getting higher and then doing a pullback.  That's where we are now, in a pullback.  It might seem different this time because you may think the stock will loose strength and reverse, it's always harder to make decisions in the present.  The stock is very volatile and it has strong chances to hit higher numbers.  I don't know the companies' fundamentals but I know the how the buyers like this stock and it's enough for me to get in.  But be careful because it's a volatile stock and we are in such a weird market.  Railroads companies are in a position where they will be able to increase profits by using their equipment as much as they can and they will need Wabtec's part to keep their freight cars on railroads.  The bottom line is that railroad traffic will increase because it's the cheapest in-land freight transportation and oil price is bringing more and more customers to railroads companies.