RE:is lower price pre-US election jittersI agree that some of the recent softness is due to jitters of a TRUMP win. He has made multiple comments for gutting BIDEN era green programs and transit funding (going forward) would be part of this. On the other hand, NFI has lots of multi year contracts already signed BUT again future orders could be affected and remember alot of these contracts have a BIG OPTIONS component that would not turn into firm orders if the monies are no longer there.
Another thought - Q3 earning are around the corner and money losing contracts are supposed to be all but done. They actually made a tiny profit in Q2 (which was a big surprise vs consensous)
and the stock jumped $2 . I suspect that the upcoming results will be even better as most analysts raised their outlook to "outperform"...Anyways these 2 events will surely drive the share price over the next 2 weeks...stay tuned...dwdc