Anyone watching this lately? Some consolidation in the railroad space made me take a look at it again. Could be a nice spot to get back in after the recent pullback. Considering a position
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This is one of my long-term holdings. Railroads and railroad traffic has been moving down with commodities, taking WAB with it. I do think WAB is at an attractive valuation, but I do not expect strong price appreciation until we get an upturn in the commodity cycle.
I could be wrong about everything I said–I’m a biologist, not an economist or market forecaster.
Tom
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Anyone watching WAB lately? Some consolidation in the railroad space made me take a look at it again. Could be a nice spot to get back in after the recent pullback. Considering a position
Hi Mike, I just restarted a little position cautiously.
saul
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Thanks Saul. Appreciate the response. I will probably add some back myself soon
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