Wabtec Corp. (WAB)

All Comments on WAB

  • commenter
    Oct 01 11:14 AM
    Wabtec Chugs Ahead [view article]
    Good article about a good company. For fellow SA readers not familiar with Wabtec, Wabtec is short for Westinghouse Air Brake Technologies. Wabtec has a long history. Founded by George Westinghouse in 1869. Wabtec is a member of the S&P 400 Mid Cap index. However, at $50.11, WAB is currently trading at 18.8x this year's EPS and 16x next year's EPS, so its not exactly cheap. Looking at a weekly chart, WAB hit an all time high of 60.75 the first week of Sept, looks to have just entered a new downtrend. Looks like it could easily fall to $40, where it would trade at 15x earnings. Certainly worth putting on a watch list. Reply
  • commenter
    Sep 03 12:35 PM
    My Website
    16 Stocks That Are Paying My College Tuition [view article]
    Glenn-
    Keep up the good work! Your stock recommendations are brief and to the point.

    I also posted on XIN on my blog on May 19-

    quantinvestor.blogspot...

    George Spritzer
    Reply
  • commenter
    Aug 20 09:46 AM
    Following Buffett's Railroad Tracks [view article]
    It doesn't matter whether or not ethanol can only be transported by rail tanker. This is one factor that can be taken out of the equation, given that people are slowly realizing that ethanol is an inefficient method of producing energy, apart from reducing the proportion of crop available for food production, thus raising food prices. That said, rail is a good industry to hold for the long term. Go Trinity! Reply
  • commenter
    Aug 16 10:08 AM
    16 Stocks That Are Paying My College Tuition [view article]
    Good stuff. Here are a few from my shopping list PETS and AUTH. (I own both all ready) VFC is another one I am accumulating. Reply
  • commenter
    Aug 14 09:11 PM
    16 Stocks That Are Paying My College Tuition [view article]
    EZPW is making me a lot of money... through short selling Reply
  • commenter
    Aug 13 11:27 PM
    16 Stocks That Are Paying My College Tuition [view article]
    I agree with Hurco.
    A semi annual show is this September. They are introducing 5-axis machines that are 20 to 30% less than the competition. Great Company.
    Reply
  • commenter
    Aug 13 04:31 PM
    16 Stocks That Are Paying My College Tuition [view article]
    I hope you're not really banking on these stocks to pay for your tuition bills. Many of those stocks are highly speculative, I will agree that SIGM is highly undervalued but many of those aren't. I'm not suggesting a broker or anything because I dont believe in their advice half the time, but I would suggest a much more conserative strategy when it comes to paying back debt. Those 16 could be great holdings at a young age considering you could take loses and just wait them out. I do like SIGM though. Reply
  • commenter
    Aug 13 12:20 PM
    My Website
    16 Stocks That Are Paying My College Tuition [view article]
    A very misleading title to this article. It appears that little to no tuition is being paid for in cash at the present time by means of holding these equity securities. I would recommend re-posting this article with a more accurate title; for example: "16 Stocks in Which I Am Speculating In the Hope of Having a Pile of Cash By the Time My Student Loans Come Due".
    Reply
  • commenter
    Aug 13 11:36 AM
    16 Stocks That Are Paying My College Tuition [view article]
    What proceeds, maybe I am confused, but from 7/2007 to 7/2008 you have losses of $1225 dollars. How is that paying for anything? Reply
  • commenter
    Aug 13 09:06 AM
    16 Stocks That Are Paying My College Tuition [view article]
    Thanks for sharing your thoughts regarding your investment portfolio. Since I know few young people who invest -- let alone have any interest in learning how to save -- I commend you for putting together a plan that suites your needs. And like most plans, I'm certain that you'll continually monitor and fine-tune it as you go along. Keep up the good work and best of luck in the future. Reply
  • commenter
    Aug 12 11:39 PM
    Following Buffett's Railroad Tracks [view article]
    irisatrx has it just about right. Or rather, I don't believe this is what Buffett intends to do, but it's what happens anyway. I agree with RightinSanFrancisco that CNI has an excellent business and is undervalued. I keep wanting to buy BNI but CNI is so much cheaper by just about any metric that I can never bring myself to do it. It's a good company, it's just too damned expensive. I blame Buffett for that 100%. Reply
  • commenter
    Aug 12 08:52 PM
    Following Buffett's Railroad Tracks [view article]
    Buffet makes his money now by purchasing a stock, then announcing that it is a great stock. The lemmings jump on the bandwagon and run up the price; Buffet sells and makes a bundle.

    It's all in the name.
    Reply
  • commenter
    Aug 12 11:35 AM
    16 Stocks That Are Paying My College Tuition [view article]
    If you want to make money long term, buy dividend paying stocks with a
    return of 5% or higher, earnings increases in 4 of last 5 years, P/E under
    20, payout less than 80% except for REITS.
    Reply
  • commenter
    Aug 12 11:17 AM
    16 Stocks That Are Paying My College Tuition [view article]
    you must be underpaid, the going rate for engineers is 1.5-3x your total invested capital. If you're making 200% gains in this market to beat that, then you should work on wall street. I'm a PE and only beat the S&P by 2% generally. I'll keep my day job rather than hope to find close to the $1M invested at historic S&P returns to pay my salary. Reply
  • commenter
    Aug 12 08:41 AM
    16 Stocks That Are Paying My College Tuition [view article]
    Thanks for sharing tips. But if I read your spreadsheet correctly, all but one of your closed transactions were losses, so that your net results are nearly flat. I get that it's smart to sell losers and hold winners, but not if you are then going to tack a percentage "return" on the winners without adjusting for the losers.

    Also, if you think a stock is undervalued, you need to accept that it may become more undervalued before it becomes less so. In other words, if your view is essentially contrarian, you cannot afford such tight stops, I am familiar with only one of your calls - DWSN - and all I can say is that I bought more when it dropped to near 50 and now hold above 60, whereas you sold at a loss. If you believe in your picks, you need to ride them more faithfully. Indeed, if you think they are home runs on the upside, you need to be willing to take some serious hits on the downside. Otherwise, you will stop yourself out of your best picks.

    Bottom-fishing is overrated. The time to buy a stock is when you are sure it's underpriced, not when your sure it's hit bottom. Then you hold it until the market catches up with your appraisal, i.e., until owning it further will not in your opinion produce another home run from where it sits.
    Reply