Best Stocks To Buy For 2013: Railroad

[ April 24, 2014 | Author: Admin | Views: 14806 | Weather: | Mood: normal]

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool’s free investing community, regional freight railroad operator Genesee & Wyoming (NYSE: GWR  ) has earned a respected four-star ranking. With that in mind, let’s take a closer look at Genesee & Wyoming, and see what CAPS investors are saying about the stock right now. Genesee & Wyoming facts Headquarters (founded) Greenwich, Conn. (1899) Market Cap $4.8 billion Industry Railroads Top Railroad Companies To Own In Right Now: Blackhawk Network Holdings Inc (HAWK) Blackhawk Network Holdings, Inc., incorporated on January 27, 2006, is a prepaid payment network utilizing technology to offer a range of gift cards, other prepaid products and payment services in the United States and 18 other countries. The Company is a third-party distributor of gift. Its product offerings include gift cards, prepaid telecom products and prepaid financial services products (including general purpose reloadable (GPR), … Continue reading

[ April 21, 2014 | Author: Admin | Views: 48140 | Weather: | Mood: normal]

Although rail stocks have come a bit off their highs, particularly the eastern operators, Wall Street still remains pretty bullish on the prospects of rail continuing to take share from trucking. With that, an in-line quarter for CSX (NYSE:CSX) isn’t likely to change the story much in either direction. Improvements in the coal business next year, a continued housing recovery, and ongoing growth in the intermodal business should all lead to better volume and operating profits, but the stock’s valuation indicates that Wall Street is already counting on that happening. Second Quarter Results Come In On Target While there were some line by line deviations relative to estimates, CSX came in basically as expected for the second quarter, which will likely give investors a bit more confidence about the upcoming earnings from other railroads like Norfolk Southern (NYSE:NSC), Union Pacific (NYSE:UNP), and Kansas City Southern (NYSE: KSU). SEE: A Primer … Continue reading

[ April 10, 2014 | Author: Admin | Views: 67932 | 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: 37262 | 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: 37789 | 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