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Adding at a Discount

As shares of this name slip lower, it's a good time to add to this position for its rail and wind exposure.
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I am going to take advantage of the 1.5% decline in Trinity Industries (TRN) today and add to my current position. This 200-share purchase, which I will make after you receive this Alert, will boost my holding in Trinity to 3% of the portfolio.

The stock offers a great way to play both a recovery in the company's railcar division as well as the strong momentum in wind power.

The rail group should improve as the economy gradually recovers, and the business will be directly impacted as the Department of Transportation requires an upgrade away from hazardous material tankers.

Trinity also should continue to see strong growth, about 40%, in its wind business as the company wins contracts and expands its pipeline. I will continue to add to this holding if the stock is weak.

Regards,

Jim Cramer

DISCLOSURE: At the time of publication, Cramer was long Trinity Industries.

Send email to james.cramer@thestreet.com.