With a market cap of $50.3 billion, Westinghouse Air Brake Technologies Corporation (WAB) is a global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as mining, marine and industrial markets. With more than 155 years of rail-industry experience, the company is focused on advancing sustainable rail transportation in the U.S. and worldwide.
Shares of the locomotive parts maker have outperformed the broader market over the past 52 weeks. WAB stock has climbed 52.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.3%. Moreover, shares of the company are up 39.8% on a YTD basis, compared to SPX's 11.8% gain.
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Shares of the locomotive parts maker have outperformed the broader market over the past 52 weeks. WAB stock has climbed 52.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.3%. Moreover, shares of the company are up 39.8% on a YTD basis, compared to SPX's 11.8% gain.
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2 days ago
