Background: I first wrote about Trinity Industries (TRN) on October 4, with Why There May Be 50% Upside From This Capital Goods Company's Stock. The stock was $45 at that point. On Nov.19, Seeking Alpha was kind enough to publish an update. The stock was at $55 when I wrote the article on Nov. 18, after which it fell to around $50 on profit-taking and some worries about declining demand for its mainstay, railcars. In that article, I wrote:
TRN has moved rapidly from the low $40s to the mid-$50s. It may well be time for consolidation.
It now looks as though said consolidation could be over. It may time to hop a ride on...
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