Xcelsior Bus is Fuel Efficient and Ready For Stimulus to Stimulate Its Stock
May 6, 2009 – New Flyer Industries [Other OTC: NFYIF.PK] is a Canadian maker of buses for city transit systems. Matthew Schifrin reports in Forbes that it is a play on the US stimulus package. New Flyer has been making buses since 1930, another period of economic turmoil. Chicago just put into use 150 New Flyer hybrid electric buses. They have a backlog of $4.1 billion, up 44% from a year ago. President Barack Obama’s stimulus plan promotes mass transit. Its stock is up to $8 from $6 when the article went to press. Please leave your comments here. Do you have any other stock recommendations?
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