FreightCar America Inc (RAIL)

Just two months after its creation, the portfolio handily is beating the Russell 2000 Index and Russell Microcap Index.

Joseph E. McNeely will leave the Company to pursue new opportunities

One might think that companies trading cheaply would not be dividend payers. But that’s not the case.

The list is dominated by retailers, of which there are four; that's unfortunate, given the pressure that sector is facing these days.

Looking at the universe of stocks we cover at Dividend Channel, on 5/16/17, FreightCar America Inc will trade ex-dividend, for its quarterly dividend of $0.09, payable on 5/24/17. As a percentage of RAIL's recent stock price of $17.34, this dividend works out to approximately 0.52%, so look for shares of FreightCar America Inc to trade 0.52% lower — all else being equal — when RAIL shares open for trading on 5/16/17.

In recent trading, shares of FreightCar America Inc have crossed above the average analyst 12-month target price of $15.33, changing hands for $15.78/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

FreightCar America, Fitbit and Kulicke and Soffa turned in solid days yesterday, though the latter was bouncing back from a weak Wednesday.

Benchmark Electronics, FreightCar America, Kulicke & Soffa and AVX Corporation are on my radar as potential targets.

There are only a handful of names in my net/net cupboard, and one I wouldn't touch with a 10-foot pole.

There are only a handful of names in my net/net cupboard, and one I wouldn't touch with a 10-foot pole.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. FreightCar America Inc presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

This screen looks to identify companies that may be cheap based on measures of earnings and book value.

The railcar maker's bottom line disappointed in the fourth quarter and sent its shares chugging further south.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

There have been signs that demand could be perking up for railcar makers.

Looking at the universe of stocks we cover at Dividend Channel, on 2/14/17, FreightCar America Inc will trade ex-dividend, for its quarterly dividend of $0.09, payable on 2/22/17. As a percentage of RAIL's recent stock price of $14.37, this dividend works out to approximately 0.63%, so look for shares of FreightCar America Inc to trade 0.63% lower — all else being equal — when RAIL shares open for trading on 2/14/17.

My tracking portfolio is flat for the year to date, though there have been wildly divergent performances by the constituent stocks.

An eclectic mix of 20 companies made my cut of stocks trading at 1x to 2x net current asset value.

Kulicke & Soffa and FreightCar America are two names that make relatively inexpensive targets.

The most recent short interest data was recently released for the 11/30/2016 settlement date, and FreightCar America Inc is one of the most shorted stocks of the Russell 3000, based on 5.55 "days to cover" versus the median component at 5.21. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

The most recent short interest data was recently released for the 11/30/2016 settlement date, and FreightCar America Inc is one of the most shorted stocks of the Russell 3000, based on 5.55 "days to cover" versus the median component at 5.21. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.