Research Library
Below is our research library, listed in reverse chronological order. Please use the search box to look for research on a specific company or topic, or use the Calendar, Archives, or Sector links at left to browse for research from a specific time period or sector. If you are a Wolfe Trahan client and can not access any of the links in our library, please contact ITSupport@WolfeResearch.com to request our PDF decryption plug-in.
WBC Initiation: Speak Safety and Carry a Big Backlog
WABCO, the European side of Westinghouse Air Brake which was spun off from American Standard in August 2007, is a major global supplier to truck & bus OEMs focused on high-value safety and fuel efficiency components. With about 60% of revenue in Europe with core customers like Daimler and MAN, an investment in WABCO clearly requires a view on the European truck production cycle, and we believe replacement and a pre-buy ahead of 2014 Euro VI emissions standards are capable of driving upside to consensus EPS. However, we believe the rising adoption rates of WABCO’s components due to both regulations and voluntary measures greatly improve its chances of being a strong multi-year investment regardless of the cycle.
Research Library
- Coverage List
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- Airfreight & Surface Transportation Library
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- Auto & Truck Manufacturing Library
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- Ed Wolfe Bi-Weekly Freight Update