Top Transportation Companies To Buy For 2015: Union Pacific Corporation(UNP)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. It has approximately 31,953 route miles linking Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways, and provides several corridors to Mexican gateways. The company offers freight transportation services for agricultural products, including whole grains and related commodities, food, beverage products, corn for ethanol products and its by-products, animal feeds, fruits and vegetables, frozen meat, and poultry products; and automotive products, such as imported and finished vehicles, and automotive parts and materials. It also provides transportation services for chemicals, such as industrial chemicals, plastics, and liquid petroleum products; energy products comprising coal and coke; industrial products, including lumber products, paper and consumer goods, furniture and appliances, and nonferrous and i ndustrial minerals, as well as steel and construction products, such as rock, cement, and roofing materials; and intermodal containers. Union Pacific Corporation was founded in 1862 and is based in Omaha, Nebraska.
Advisors' Opinion:- [By Ben Levisohn]
Union Pacific (UNP), a proxy for GDP, posted a 23% surge in earnings on 15% growth in its intermodal business. Revenues climbed 10.9% on improving pricing, lower diesel fuel prices give a huge lift to margins.
- [By Teresa Rivas]
This could eventually cut the number of North American Class Is in half, something that the regulators will take under very serious consideration before giving their blessings on the first merger. If a CP-CSX union occurs, Norfolk Southern (NSC) would be the next target, in our opinion, as Canadian National Railway (CNI), Un! ion Pacific (UNP), and [Berkshire Hathaway's (BRKB)] BNSF could each contemplate forming their own transcontinental railway. CP's reported offer to merge with CSX could boost the latter's stock price on Monday, while CP shares may underperform the group.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-transportation-companies-to-buy-for-2015.html
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