Convex Strategies

FreightCar America: Massive Cash Position, New Revenue Streams Mean Shares Could Double By 2015

FreightCar America (NASDAQ:RAIL) manufactures coal and bulk commodity cars and is based in Chicago, Illinois. Despite public consensus that the coal industry is dead, FreightCar America has nearly quadrupled its revenues since 2010 and maintained a very cash-rich balance sheet; cash makes up more ...

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