Jim Cramer - Mad Money Westinghouse Air Brake Technologies Corporation WAB-N BUY Mar 04, 2024

a dividend aristocrat

They raised their dividend by 18%. He's bullish railroads. WAB supplies all the rails. Shares have run up since October, but remains reasonably priced.

Jim Cramer - Mad Money

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COMMENT

This company builds the diesels and freight cars, but have also done some very innovative, long term work in railcar safety, etc. He loves the company, but it is a question of price.

BUY

The ultimate beneficiary of infrastructure spending. They're in high-speed rails. Trades at a reasonable PE.

BUY

US infrastructure spending will go forward and benefit WAB, railroads and metro lines.

BUY

He sold UNP to buy Wabtec, because the former services only one geography while Wabtec goes everywhere.

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Jim Cramer - Mad Money Westinghouse Air Brake Technologies Corporation WAB-N BUY Mar 04, 2024

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