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This article examines the standing of Westinghouse Air Brake Technologies Corporation (WAB) among the top railroad stocks favored by billionaires, amidst ongoing trade tensions that could impact the sector. Despite the potential risks posed by new tariffs and economic challenges, analysts maintain a cautiously optimistic outlook, noting WAB's strong financial performance and its significant investments in rail technologies. With 13 billionaire investors backing it, WAB ranks 4th among preferred railroad stocks, underscoring its importance in the evolving landscape of the railroad industry.
Source: YAHOO