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Barchart
Barchart
Neharika Jain

Is Westinghouse Air Brake Stock Outperforming the S&P 500?

WAB

Valued at a market cap of $36.7 billion, Westinghouse Air Brake Technologies Corporation (WAB) provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries. It is based in Pittsburgh, Pennsylvania. 

Companies worth $10 billion or more are typically classified as “large-cap stocks,” and WAB fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the railroad industry. The company’s key strengths include its deep engineering expertise, long-standing customer relationships with major rail operators, and a large installed base that drives recurring aftermarket revenue for parts and services.

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