Greenbrier: Potential Europe Risks, Time To Consider Taking Profits

Snizhana Galytska/iStock via Getty Images Investment thesis: Following an over 60% gain in Greenbrier’s (NYSE:GBX) stock price in the past year, the inevitable question is whether there are enough significant drivers, both internal as well as external, to push this stock higher from here. Internally, the company continues to operate well, financially, and it is earning new contracts and expanding its orders tally. Externally, it looks somewhat more complicated at the moment. On one hand, resource scarcity, including oil supply constraints that may arguably be on the horizon, favors rail transport, which is more energy efficient. On the other hand,…