I Hear the Train A' Coming...
North American rail transportation has proven to be a very rewarding sector to be in recent years. The rail industry has attracted the attention of several notable investors for several key reasons: it is one of the most fuel efficient methods of transporting goods and barriers to entry are extremely high - they simply aren't going to be making any more railways soon. Railroads also hold a very special place in the hearts of the students of Ben Graham, as many of the examples set forth in Security Analysis discuss the valuation of railroad bonds.
In an earlier article, I discussed a possible "cigar-butt" opportunity in a rail car producer, FreightCar America (NASDAQ:RAIL...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|