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Barchart
Sohini Mondal

Is Westinghouse Air Brake Technologies Outperforming the Dow?

WAB Wabtec

With a market cap of $31.7 billion, Westinghouse Air Brake Technologies Corporation (WAB) is a global provider of value-added, technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries as well as the mining, marine, and industrial markets. Headquartered in Pittsburgh, Pennsylvania, the company operates through two segments: Freight and Transit.  

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Wabtec fits this criterion perfectly. The company also offers various services, such as freight locomotive overhauls, modernizations, and refurbishment, along with positive train control equipment, freight car trucks, braking equipment, and related components. 

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