NEW YORK (TheStreet) -- Increasing oil production and a positive regulatory environment will likely push railcar company Trinity Industries' (TRN_) stock even higher, extending a 12-month rally during which its shares have soared by more than 133%.
Shares of railcar companies have soared over the past year on the back of the shale oil and gas boom, and Trinity is no different. The company alone represents 47% of the total shipments and 45% of the total backlog of the railcar industry.
Trinity's 12-month rally dwarfs the 22.5% increase for the S&P 500 during the same period. This year, Trinity's stock has risen about 80% to $48.72.
