Wabtec: Railing Along On A Long-Term Growth Trajectory

Summary

  • Westinghouse Air Brake Technologies Corporation has seen steady continuation of sales and earnings growth.
  • The company continues to benefit from long-term tailwinds, accompanied by occasional bolt-on dealmaking.
  • I like this strategy, although the current valuations look largely fair.
  • Looking for more investing ideas like this one? Get them exclusively at Value In Corporate Events. Learn More »

Wabtec Corporation building in Pittsburgh, Pennsylvania, USA.

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At the start of 2022, I believed that shares of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) aka Wabtec were not leaving the station, with the 2021 recovery in the wake of the pandemic not looking

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This article was written by

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The Value Investor has a Master of Science with specialization in financial markets and a decade of experience tracking companies via catalytic company events.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of WAB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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