A Pick Under $10

Wabash National Corporation (NYSE:WNC) designs and manufactures transportation related products such as truck trailers. The energy sector is a place for long term usage of their products and the increase in domestic drilling puts them in a perfect position to take advantage of the oil industries needs.

They have an agreement to produce 2500 frac tank units over the next five years resulting in $70 million dollars in sales. They are well positioned in the market to take advantage of the need for not only frac tanks but also oil field low beds, mixers, flowback tanks, production tanks and more. Besides the oil industries need, the recovering trucking industry with their aging fleet equipment will also fuel demand for Wabash's other products.

My main concern would be if sales fall and the cash flow dries up. They are counting on their free cash flow to pay down debt early that comes due in 2018 and 2019.