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WAB: Bull or Bear?

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Warren Buffett Is Still Riding the Rails WAB

75%

-13.44% in 35 days Warren Buffett Is Still Riding the Rails As evidence of a bullish long-term outlook for railroads, Warren Buffet's Berskshire recently increased its stake in Burlington Northern (BNI) and the CEO of Kansas City Southern (KSU), Michael Haverty, appeared on Larry Kudlow's show on CNBC Thursday evening, stating that rail transport was showing continued strength in the transport of coal, chemicals, and grains with weakness in the transport of consumer goods and housing related commodities. Berkshire paid $79.65 each to add 825,000 shares of BNI, upping its stake in ... Continue reading »

sound buy WAB

74%

-37.28% in 77 days With the recent commuter rail crash in Los Angeles, the FRA is looking at instituting Positive Train Control (PTC) on all commuter rails as soon as possible. Wabtec is currently the only company to have finished testing with the FRA and received approval for it's system. PTC is a failsafe device designed to stop trains if they run through red signals, etc. The Alaska RR is currently testing a similar system, but is having difficulty getting the setup to work properly. Combined with it's other products and services, Wabtec gives a nice little packet of diversity to shareholders. Continue reading »

good long term WAB

74%

+10.13% in 5 days (closed on 09/19/08) This company has developed, tested and received approval for rail technology that the FRA is requiring be integrated into train control systems nationwide within the next 15 years. Several large RR companies have already installed the equipment into a portion of their trains, and are contracted to continue installations. One of the systems Wabtec has available is an emergency failsafe device for trains, which will significantly decrease collisions and increase safety. The company is nicely diversified in the transportation industry, and I am comfortable investing retirement funds into this ... Continue reading »

Wabtec Corp's is trending WAB

78%

-15.02% in 18 days (closed on 09/15/08) 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 ... Continue reading »

Railways will see increased traffic WAB

19%

-30.45% in 157 days WABTEC provides equipment and services to the railway industry. http://en.wikipedia.org/wiki/Wabtec from the company website Locations About 40 manufacturing plants, service centers and sales offices in the United States, Canada, Mexico, Europe, Asia, Australia and South America Employees About 6,000 Markets Freight and passenger rail, transit, power generation, off-highway equipment and industrial Products Brake subsystems and related products for locomotives, freight c ... Continue reading »

From the Blogosphere

Wabtec Chugs Ahead

Wabtec Corporation (WAB) has been soaring past the broader market and turned in record results in the second quarter. Analysts have been boosting earnings estimates and expect year-over-year growth of 20% in 2008. Company Description Continue reading »

Todays Zacks Rank Growth and Income Buy: Zacks Rank Growth & Income Buys-Aug. 14, 2008

Alex Kolb, Growth and Income stock analyst for Zacks.com, highlights Williams Company (WMB), Peabody Energy (BTU), Wabtec Corp.(WAB), and U.S. Steel (X). Continue reading »

Zack???s Investment Research Rank BUYS 8/12

34%

ZACKS RANK BUY STOCKS* Aggressive Growth - True Religion Apparel (TRLG) recentlyannounced a record-breaking quarter and is expanding fasterthan anticipated<!---->??<!---->* Growth & Income - Westinghouse Air Brake Technologies (WAB)watched Wall Street hike forecasts after it delivered astrong second quarter. <!---->??<!---->* Momentum - The Andersons (ANDE) raised its full-yearearnings guidance twice within a 30-day period. Second-quarter results were great. <!---->??<!---->* Value - Bunge (BG) has surprised on estimates 4 consecutivequarters on average of 73.91%. Bunge's forward P/E is 8.4 ... Continue reading »

Thursday's Upgrades and Downgrades

8 %

Upgrades Nippon Telegr (NTT)- UBS Neutral » Buy DISH Network (DISH)- Kaufman Bros Hold » Buy Glu Mobile (GLUU)- Morgan Keegan Mkt Perform » Outperform Staples (SPLS)- Jefferies & Co Hold » Buy ADC Telecom (ADCT)- Jefferies & Co Hold » Buy Genzyme (GENZ)- Bernstein Mkt Perform » Outperform Evergreen Solar (ESLR)- Jefferies & Co Hold » Buy Sun Microsystems (JAVA)- Wachovia Mkt Perform » Outperform Nexen (NXY)- Lehman Brothers Equal-Weight » Overweight Downgrades MoneyGram (MGI)- JMP Securities Mkt Outperform » Mkt Perform USANA (USNA)- Wedbush Morgan B... Continue reading »

Thursday's Upgrades and Downgrades

Upgrades Nippon Telegr (NTT)- UBS Neutral » Buy DISH Network (DISH)- Kaufman Bros Hold » Buy Glu Mobile (GLUU)- Morgan Keegan Mkt Perform » Outperform Staples (SPLS)- Jefferies & Co Hold » Buy ADC Telecom (ADCT)- Jefferies & Co Hold » Buy Genzyme (GENZ)- Bernstein Mkt Perform » Outperform Evergreen Solar (ESLR)- Jefferies & Co Hold » Buy Sun Microsystems (JAVA)- Wachovia Mkt Perform » Outperform Nexen (NXY)- Lehman Brothers Equal-Weight » Overweight Downgrades MoneyGram (MGI)- JMP Securities Mkt Outperform » Mkt Perform USANA (USNA)- Wedbush Morgan B... Continue reading »

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