Winning stock forecast: American Railcar Industries Stock (ARII) Jumped 50% Overnight

American Railcar Industries Winning Stock Forecast


American Railcar Industries, Inc., incorporated on April 30, 2009, is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. The Company operates through three segments: manufacturing, railcar leasing and railcar services. Its Manufacturing segment consists of railcar manufacturing and railcar and industrial component manufacturing. It uses certain of these components in its own railcar manufacturing and sells certain of these products to third parties. The Railcar leasing segment consists of railcars manufactured by it and leased to third parties under operating leases. The Railcar services segment consists of railcar repair, engineering and field services.

Source: Pexels

Shares of train-car maker American Railcar Industries (NASDAQ:ARII) stock surged more than 50% when the market opened this morning. The reason being that American Railcar announced a definitive agreement to sell itself to private equity fund ITE Rail Fund L.P. for $70 a share – precisely 51% more than the stock value at the time in October. In a statement, American Railcar noted that the total value of this transaction is $1.75 billion including assumed debt. That’s neither here nor there for most investors but owners of the stock should be more than satisfied with their one-day 51% gain, which wipes out all the stock’s losses from over the past year and leaves American Railcar stock up 18% for the past 52-week period, a better result than most investors in the S&P 500 have achieved.

Several predictions in this long-term 1 Month forecast below saw significant returns. The I Know First algorithm correctly predicted 9 out 10 stock movements. ARII was the top performing prediction with a return of 53.69%. ADC and AON saw outstanding returns of 12.44% and 10.58%. With these notable trade returns, the package itself registered an average return of 11.34% compared to the S&P 500’s return of -1.33% for the same period.

52 Week High Stocks

Current I Know First subscribers received this bullish ARII forecast on October 15th.

Algorithmic traders utilise these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.