Source: arcosa.com
The Business Turnaround
It has been almost a year since I covered the recent spin-off from Tinity Industries (TRN) - Arcosa (ACA). Since then ACA management has been executing well on its turnaround plan which has been highly rewarding for existing shareholders.
Over this period the stock returned 16% (excluding the dividend), compared to a loss of 2% for the S&P 500.
Source: Yahoo!Finance
The outstanding performance came on the back of improving fundamentals in each of the company's three divisions, while at the same time some industry tailwinds