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We could very well be on the precipice of a change in the railroad industry not seen in 60 years. It is becoming very expensive to fuel locomotives with diesel, and liquefied natural gas engines could be a solution. Investors in Westport Innovations (NASDAQ: WPRT ) should be excited about this, because it has a jump-start in this market with the recent delivery of four LNG locomotive engines to Canadian National Railway (NYSE: CNI ) . At $1 million per engine and fueling tender, this is a potential $30 billion market.
How much of this market is actually attainable? And how much can Westport capture when major industrial manufacturers like General Electric (NYSE: GE ) are looking for a foothold in this space as well? Find out some possible answers to these questions by tuning into the video below.
Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.