#7 - Union Pacific (NYSE:UNP)
Union Pacific (NYSE: UNP) One of the cornerstones of a healthy economy is the idea of moving goods from point A to point B. And with the U.S. economy growing, and expected to grow even more with the mid-term elections behind us, investors should look at a company such as Union Pacific. UNP is more than a railroad; it's branched out into intermodal transportation services which are keeping the company relevant in the 21st-century economy. As evidence of that, the stock is up over 40% in the past 12 months. A swift resolution to the trade war and dueling tariffs would be a welcome benefit for the company. But even if the trade war lingers, UNP should benefit from increasing consumer spending of goods and services in the United States. Fundamentally, this blue-chip stock is known for having a strong balance sheet, a history of paying out – and growing – dividends, and a low payout ratio.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
More- Current Price
- $244.27
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 13 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $261.40 (7.0% Upside)
