OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Railroad today announced its famed Big Boy No. 4014 locomotive will stop in more than three dozen communities during its fall tour across 10 states, including four public display days in Houston, Fort Worth and the Chicago area. As part of the tour, the Union Pacific Railroad Museum will be auctioning off four cab rides on Big Boy No. 4014, with proceeds going to two worthy causes: the Union Pacific Museum Association and Union Pacific's Friend to Fri.

The Investment Committee discuss the latest Calls Of The Day.

Now that stock investors are beginning to realize that a recession isn't on the way, the U.S. market will get back to doing what is up to before the August swoon: showing strength beyond the Magnificent Seven.

We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. A take on Easterly Government Properties suggests they offer reliable income similar to Treasury bonds with lower reinvestment risk. Bunge Global is seen as holding potential for market expansion opportunities despite its Q2 decline.

Railroads in the US boomed in the 19th century but faced competition from automobiles and airlines, leading to mergers and consolidation in the industry. There are 5 Class I publicly traded railroads left today, each with high returns on equity, low debt, growing dividends, and ample return on capital. All are compound growers. The railroad business is a natural monopoly due to high capital costs and legal obstacles, resulting in low competition and stable profit margins.

Political bias has no place in investing; history shows market performance is influenced more by economic factors than election outcomes. Instead of reacting to political changes, focus on strong dividend stocks with stable business models and consistent growth for long-term success. Investing in well-established companies ensures portfolio resilience, regardless of who's in office. Stay calm and prioritize reliable dividend payers.

Union Pacific is a bet on the continued economic vibrancy of America. Core pricing gains and increased volumes weren't enough to top analysts' expectations in Q2. Improved operating efficiency helped deliver excellent diluted EPS growth, though. Union Pacific's A-rated balance sheet is supported by a reasonable and strengthening adjusted debt-to-EBITDA ratio.

Many investors find transportation stocks unique due to their inherent qualities and vital role in the economy. Whether it's people or goods, transportation is a fundamental service with demand that tends to be resilient, even in softer markets.

Coca-Cola, Lockheed Martin, and Waste Management benefit from a consistently reliable customer base. Union Pacific and UPS operate in cyclical industries but have few competitors.

Union Pacific Corporation (NYSE:UNP ) Q2 2024 Earnings Conference Call July 25, 2024 8:45 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamann - Executive Vice President and Chief Financial Officer Kenny Rocker - Executive Vice President, Marketing and Sales Eric Gehringer - Executive Vice President-Operations Conference Call Participants Brandon Oglenski - Barclays Capital Scott Group - Wolfe Research Jason Seidl - TD Cowen Jon Chappell - Evercore ISI Stephanie Moore - Jefferies Brian Ossenbeck - J.P. Morgan Ken Hoexter - Bank of America Securities Tom Wadewitz - UBS Chris Wetherbee - Wells Fargo Walter Spracklin - RBC Ben Nolan - Stifel Jordan Alliger - Goldman Sachs Bascome Majors - Susquehanna Christyne McGarvey - Morgan Stanley Daniel Imbro - Stephens David Vernon - Bernstein Research Operator Greetings, and welcome to the Union Pacific Second Quarter Earnings Call.

Union Pacific Corporation is a high-conviction investment in my dividend growth portfolio. Despite the challenging economic landscape, Union Pacific has shown resilience and operational strength. Recent earnings confirm UNP's efficiency, strategic market approach, and potential for sustainable growth.

Union Pacific's (UNP) Q2 freight revenues increase 1% year over year.