Fri, Aug 29, 2014, 9:22 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Trinity Industries Inc. Message Board

  • challenge_your_limit challenge_your_limit Sep 4, 2013 12:07 PM Flag

    trn tight flag on chart today and volume spike

    this thing is ready to erupt!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I'm averaged in at around $25 a share. With reinvested dividends, I am up a total of 68% since 2007. I basically got in because I wanted to be deeper in the supply chain of railroads, which received a run up when Buffett bought into BNI. Incidentally, I also decided to buy into CNI, along with TRN.

      For a good while, I've managed to buy TRN shares at a cheap PE, anywhere from 8 to 10. Hence, even a fair PE = 12 in contrast is raising my returns. I'd like to think that solid fundamentals might warrant closer to a 15 PE, which really would make this a superior investment.

      I believe TRN will benefit because of the energy situation. One, we need to extract domestic tight oil & gas. Two, transportation in general needs the highest efficiencies, as energy still won't be cheap. More goods need to therefore be moved by rail. I am very optimistic.

      All the best to longs.

    • Plus news came out that the Keystone XL pipeline hit another delay. Continental Resources (big Bakken producer) said so what, we have figured out how to move our oil (meaning by rail).

      Sentiment: Strong Buy

48.38+0.37(+0.77%)Aug 29 4:04 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.