Greenbrier Companies: Strong Re-Rating Potential, Margin Growth, Economic Profit

Pgiam/iStock via Getty Images Investment Summary Now we are halfway through the year, it is imperative to position for sector and factor rotations amid the upcoming slew of second-quarter earnings. Around 1 month ago, I constructed a composite made up of 1) the current S&P 500 Index sector weightings, versus 2) the projected next 12 months' earnings growth of each sector. As you can see in Figure 1, the industrials sector looks to offer the least compelling price/value calculus based on this. The basic  ...