Best Stocks To Buy For 2013: Railroad

[ April 10, 2014 | Author: Admin | Views: 41690 | Weather: | Mood: normal]

Tutor Perini Corporation (TPC) has secured a $133 million contract from National Railroad Passenger Corporation or Amtrak. As per the contract, Tutor Perini will build an underground concrete casing under the Eastern Rail Yard of the Hudson Yards site in New York City. Amtrak is the U.S. intercity passenger rail provider and high-speed rail operator. The corporation operates commuter rail systems on behalf of several states and transit agencies. The project is the cornerstone for Amtraks Gateway Program which targets rail service expansion through two proposed tunnels underneath the Hudson River. The tunnels will directly connect New Jersey and Penn Station in order to double capacity across the Hudson River. However, trains passing through the new tunnels would cross an area on Manhattans west side kept aside for mixed-use development through a right-of-way. But without the tunnel box, construction of the new tunnels will be impossible. According to the deal, … Continue reading

[ April 8, 2014 | Author: Admin | Views: 71884 | Weather: | Mood: normal]

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool’s free investing community, railcar manufacturer Trinity Industries (NYSE: TRN  ) has earned a coveted five-star ranking. With that in mind, let’s take a closer look at Trinity and see what CAPS investors are saying about the stock right now. Trinity facts Headquarters (founded) Dallas (1933) Market Cap $3.2 billion Industry Railroads Trailing-12-Month Revenue $3.8 billion Management Top 10 Railroad Stocks To Invest In 2014: Investors Bancorp Inc.(ISBC) Investors Bancorp, Inc. operates as the holding company for Investors Savings Bank that provides a range of banking services in the United States. The company accepts deposits and originates loans. Its deposit products include savings accounts, checking accounts, money market accounts, and certificates of deposit. The company offers commercial real estate, construction, multi-family, and commercial and industrial loans; and consumer loans, including home equity loans and home equity lines … Continue reading

[ March 30, 2014 | Author: Admin | Views: 48385 | Weather: | Mood: normal]

On this day in economic and business history… The golden spike sank into the earth at Promontory Summit in Utah on May 10, 1869. The Transcontinental Railroad was complete, joining the east and west of a sprawling 3,000-mile wide nation. Two railroad enterprises, the Union Pacific (NYSE: UNP  ) and the Central Pacific, had been built at a frenzied pace since shortly after President Abraham Lincoln’s signature approved federal funds for construction in 1862. Both railroads were created to service this legislation, with Union Pacific building west from the Missouri River as the Central Pacificstruck out east from Sacramento. The 1,900-mile line, built in only six years, was, as Howard Means writes in Money and Power: the History of Business: … the Apollo Project of the 19th century — one of those rare moments in history when discovery and technology seems to be colliding with destiny. National pride was at stake, … Continue reading

[ March 29, 2014 | Author: Admin | Views: 73428 | Weather: | Mood: normal]

It may be a matter of months before production in the Eagle Ford shale play catches up to its Bakken cousin. According to the latest Baker Hughes rig count, there are more rigs drilling in the South Texas play than in the entire state of North Dakota. Today we’re looking at the latest production numbers out of the Eagle Ford, and how it’s affecting our investments. Numbers up The Texas Railroad Commission said oil production in the Eagle Ford averaged 530,689 barrels per day in April. But this is just a preliminary number. The commission also released its revised numbers for February, lifting that number from 529,874 up to 561,544. That’s a 6% pop that results basically from handing paperwork in late. I imagine that two months from now we’ll learn that April’s production was closer to 570,000 bpd than 530,000 bpd, but only time will tell. Production results have … Continue reading

[ March 14, 2014 | Author: Admin | Views: 39469 | Weather: | Mood: normal]

Union Pacific (NYSE: UNP  ) and CSX (NYSE: CSX  ) are selections for the real-money Inflation-Protected Income Growth portfolio. Like any investments, they need to be reviewed from time to time to see if they’re still worth owning. In the brief video below, portfolio manager Chuck Saletta reviews their valuations, balance sheets, and dividends and decides whether to hold on to the stocks or let them go. To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck’s article feed by clicking here. To join The Motley Fool’s free discussion board dedicated to the iPIG portfolio, simply click here. For more information on the Graham Equation used for the valuation estimates, see the article at this link. For more on iPIG portfolio selection CSXWith 21,000 miles of track serving two-thirds of the U.S. population, CSX maintains a valuable proprietary asset. Still, this railroad will face difficult obstacles in the … Continue reading