L.B. Foster Company (NASDAQ:FSTR) is one of the best railroad stocks to buy right now. On August 28, L.B. Foster successfully delivered its first 320-foot rail train to Lake State Railway (LSRC) in Michigan, marking a major innovation in rail logistics.
Rolled by Steel Dynamics Inc. and transported via a five-car consist developed by BNSF Logistics, the shipment included sixty 320-foot rails—eliminating the need for costly field welding or large-scale Continuous Welded Rail installations. This breakthrough enables manifest freight service, reducing operational costs and enhancing delivery flexibility. LSRC plans to use the longer rails for grade crossings, curve replacements, and bridge projects, especially in corrosive environments where welds often fail. Chief Engineer Tom Klemm praised the rail’s ability to eliminate field welds and improve durability by relocating joints away from high-stress zones. The 320-foot consist also simplifies distribution in congested areas and enhances efficiency for targeted infrastructure upgrades. L.B. Foster sees this as a transformative solution for modern rail networks. L.B. Foster Company (NASDAQ:FSTR) provides engineered, manufactured products and services for the global rail and infrastructure markets. It offers track components, such as running rails and insulated joints, along with friction management and monitoring technologies. While we acknowledge the potential of FSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Best Very Cheap Stocks to Buy According to Hedge Funds and 12 Best Stocks to Invest in According to Billionaire George Soros. Disclosure: None. This article is originally published at Insider Monkey.
