True. Quarterly figures for such big-ticket items as railcars are lumpy, so it’s more useful to look at annual data or moving averages of several quarters.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.