American Railcar Industries, Inc. (NASDAQ:ARII) peaked at $47 per share back in April. Since then, the stock has declined nearly 30% to its current price.
FreightCar America, Inc. (NASDAQ:RAIL) was in 9 hedge funds' portfolio at the end of the first quarter of 2013. RAIL investors should be aware of an increase in hedge fund sentiment of late.
As we enter the heart of second-quarter earnings reports, I can't help but point out that the majority we've covered over the past year have been better than expected.