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Zacks Value Trader Highlights: BorgWarner, Siemens Energy and Wabtec
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For Immediate Release
Chicago, IL – April 6, 2026 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2893805/3-old-economy-stocks-winning-in-2026)
3 "Old Economy" Stocks Winning in 2026
Welcome to Episode #435 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Technology stocks are struggling in 2026. But even with the sell-off in software, chips, and memory, many of the stocks are still not that cheap.
The Old Economy is Back
However, there's one area which is making a comeback in 2026: the old economy stocks. These are companies that have been around for several decades. They aren't technology companies although they may have business opportunities with some of them this year.
Valuations also look attractive with these companies. Some are true classic value companies, with forward price-to-earnings (P/E) under 15. But they also are expected to have strong earnings growth.
Don't count out companies in the "old economy" industries such as the auto sector, energy, and transportation this year.
BorgWarner delivers innovative and sustainable mobility solutions around the world, especially in the automotive industry. Recently, the company announced it had entered into an agreement with TurboCell to provide a modular turbine generator system to supply power to an AI data center.
Shares of BorgWarner have soared in the last year, adding 91.2%. In 2026, it has gained 21.1%. Earnings are expected to rise 2.4% in 2026 and another 10.3% in 2027.
Even though the shares have rallied, BorgWarner is still cheap. It trades with a forward price-to-earnings (P/E) ratio of 10.5. A P/E under 15 is considered a value.
Should a company adding data center opportunities like BorgWarner be on your short list?
Siemens Energy is a global leader in energy technology. In its first quarter 2026 earnings report in Feb 2026, it said it saw a strong start to the financial year. Siemens Energy saw sustained high demand in gas turbines and grid technologies business.
Shares of Siemens Energy soared 200% in the last year and are up 24% year-to-date. Earnings are equally as hot. The Zacks Consensus is looking for earnings to grow 177% in fiscal 2026 and another 36% in fiscal 2027.
It's not as cheap as BorgWarner, however. Siemens Energy trades with a forward P/E of 34.9. That makes it a growth stock.
Is an old economy energy company like Siemens Energy a stock for your short list in 2026?
Wabtec is a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine, and industrial markets. It's been in business for 150 years and operates in 50 countries.
That's "old economy" if ever there was one.
Shares of Wabtec are up 39.4% over the last year and 20% year-to-date, hitting new 5-year highs this year. On Feb 11, 2026, Wabtec reported its fourth quarter and full year 2025 results. It had a multi-year backlog that reached another record at $27 billion, up 23% year-over-year.
In Feb 2026, Wabtec increased its dividend by 24% and raised its share buyback program to $1.2 billion.
Earnings are expected to rise 14.9% in 2026 and another 12.2% in 2027. It's not a classic value stock. Wabtec trades with a forward P/E of 24.3 but that is attractive given its growth trajectory.
Should a transportation company like Wabtec be on your short list?
What Else Should You Know About the Old Economy Stocks in 2026?
Tune into this week's podcast to find out.
Free: Instant Access to Zacks' Market-Crushing Strategies
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Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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Zacks Value Trader Highlights: BorgWarner, Siemens Energy and Wabtec
For Immediate Release
Chicago, IL – April 6, 2026 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2893805/3-old-economy-stocks-winning-in-2026)
3 "Old Economy" Stocks Winning in 2026
Welcome to Episode #435 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Technology stocks are struggling in 2026. But even with the sell-off in software, chips, and memory, many of the stocks are still not that cheap.
The Old Economy is Back
However, there's one area which is making a comeback in 2026: the old economy stocks. These are companies that have been around for several decades. They aren't technology companies although they may have business opportunities with some of them this year.
Valuations also look attractive with these companies. Some are true classic value companies, with forward price-to-earnings (P/E) under 15. But they also are expected to have strong earnings growth.
Don't count out companies in the "old economy" industries such as the auto sector, energy, and transportation this year.
3 Old Economy Stocks Winning in 2026
1. BorgWarner Inc. (BWA - Free Report)
BorgWarner delivers innovative and sustainable mobility solutions around the world, especially in the automotive industry. Recently, the company announced it had entered into an agreement with TurboCell to provide a modular turbine generator system to supply power to an AI data center.
Shares of BorgWarner have soared in the last year, adding 91.2%. In 2026, it has gained 21.1%. Earnings are expected to rise 2.4% in 2026 and another 10.3% in 2027.
Even though the shares have rallied, BorgWarner is still cheap. It trades with a forward price-to-earnings (P/E) ratio of 10.5. A P/E under 15 is considered a value.
Should a company adding data center opportunities like BorgWarner be on your short list?
2. Siemens Energy AG (SMERY - Free Report)
Siemens Energy is a global leader in energy technology. In its first quarter 2026 earnings report in Feb 2026, it said it saw a strong start to the financial year. Siemens Energy saw sustained high demand in gas turbines and grid technologies business.
Shares of Siemens Energy soared 200% in the last year and are up 24% year-to-date. Earnings are equally as hot. The Zacks Consensus is looking for earnings to grow 177% in fiscal 2026 and another 36% in fiscal 2027.
It's not as cheap as BorgWarner, however. Siemens Energy trades with a forward P/E of 34.9. That makes it a growth stock.
Is an old economy energy company like Siemens Energy a stock for your short list in 2026?
3. Wabtec Corp. (WAB - Free Report)
Wabtec is a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine, and industrial markets. It's been in business for 150 years and operates in 50 countries.
That's "old economy" if ever there was one.
Shares of Wabtec are up 39.4% over the last year and 20% year-to-date, hitting new 5-year highs this year. On Feb 11, 2026, Wabtec reported its fourth quarter and full year 2025 results. It had a multi-year backlog that reached another record at $27 billion, up 23% year-over-year.
In Feb 2026, Wabtec increased its dividend by 24% and raised its share buyback program to $1.2 billion.
Earnings are expected to rise 14.9% in 2026 and another 12.2% in 2027. It's not a classic value stock. Wabtec trades with a forward P/E of 24.3 but that is attractive given its growth trajectory.
Should a transportation company like Wabtec be on your short list?
What Else Should You Know About the Old Economy Stocks in 2026?
Tune into this week's podcast to find out.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
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Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.