E Daily Stock Pick: Trinity Industries

TRN Gains?

Adding the $0.76 annual estimated dividend to my $2.89 optimistic estimate of Trinity Industries In's price upside shows a $3.65 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in Trinity Industries Inc shares at their $21.11 price, we'd buy 47 shares of TRN stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.21 per share.

Subtract that $0.21 brokerage cost from my estimated $3.65 gross gain per share results in a net gain of $3.44 X 47 shares = $161.68 for a 16.2% net gain on a $992.17 investment.

Trinity Industries Inc shows a possible 16.2% net gain including a 3.6% dividend yield. It could be more, it could be less.      

The above speculation is based on past performance and supposition. Only time and money invested will tell if Trinity Industries Inc is worth it.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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