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Westinghouse Air Brake Technologies Corporation (WAB) is a leading provider of locomotives, technology-based equipment, systems, and services to the global freight rail and passenger transit industries. Valued at a market cap of $29.8 billion, it operates through two segments: Transit and Freight.
Companies worth $10 billion or more are generally described as “large-cap stocks.” WAB effortlessly fits that bill, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the railroad industry.