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Railroads

Kansas City Southern (NYSE: KSU) – FYE 12/2019 – FAIRLY VALUED – The stock is currently trading at levels above my most recent $89 initiate target, but below my most recent $186 reduce target. Please See Linked PDF Worksheet
Revised on 03/28/2020

Norfolk Southern Corporation (NYSE: NSC) – FYE 12/2019 – REDUCE – The stock is currently trading at levels at or above my most recent $154 reduce target, but below my most recent $198 terminate target. Please See Linked PDF Worksheet.
Revised on 06/29/2020

The Greenbrier Companies, Inc. (NYSE: GBX) – FYE 08/2019 FAIRLY VALUED – The stock is currently trading at levels above my most recent $17 initiate target, but below my most recent $36 reduce target. Please See Linked Worksheet
Revised on 10/31/19

Trinity Industries, Inc. (NYSE: TRN) – FYE 12/2020 – NO VALUE – The company has no discernible investment value as an on going concern at this time. Please See Linked PDF Worksheet.
Revised on 07/01/2020

Union Pacific Corporation (NYSE: UNP) – FYE 12/2019 – OVER VALUED – The stock is currently trading at levels above my most recent $161 terminate target. Please See Linked PDF Worksheet.
Revised on 06/30/2020

Westinghouse Air Brake Technologies Corporation (NYSE: WAB) – FYE 12/2018 SELL HALF – The stock is currently trading at levels at or above my most recent $76 reduce target, but below my most recent $98 terminate target. Please See Linked Worksheet
Revised on 11/06/19

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.