Union Pacific Corporation (NYSE: UNP) is one of the 16 actions that Jim Cramer recently discussed. A appellant asked what would be the impact on the company taking into account the current prices and the insistence of the new administration on reshoring. Here’s what Cramer had to say:
“I think it’s good for them, and I think that Union Pacific is the one who has lagged behind. I mean, I saw many of them running. I saw the truckers running. Union Pacific, you had Jim Vena there. I think it’s a purchase.
An intermodal container trains through a rural landscape.
Union Pacific (NYSE: UNEP) focuses on the supply of freight transport for a large mixture of goods, including agricultural products, chemicals, metals, oil and vehicles, support sectors such as agriculture, construction and manufacturing. Cramer was optimistic about the stock in May when he said:
“Okay, people feel that this stock is just in the hair of crossing prices, which they will injure, injure themselves more than anyone.
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Read then: The best and the worst dow stocks for the next 12 months And 10 unstoppable actions that could double your money.
Disclosure: None.
