Top Bulls Reasons To Buy — Vote below!

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Company: FreightCar America (RAIL)
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  Thick cash cushion

thick cash cushion(~40% per share) for hard times/opportunities + cost cutting (closing "expensive" unionated plants and switching workloads to more cost effective plants), no debt

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  About to reach peak of rail car purchase cycle

Coal railcar business is a cyclical industry with long-life product(~40 yrs), and about 40 years ago there was a big surge in orders, which should/may be replaced right about now(of course "now" maybe in a year or two). Plus the coal is here to stay for at least another 10-15 years(even if alternative fuels attempts will succeed). Most of the growth is expected in 2008/9 - at least based on current backlog orders

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  Strong market and financial position

80% market share, PE ~5(on a record earnings, though), strong balance sheet(lots of cash, no debt

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