10 Best Shipping Stocks To Invest In Now

1. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Investors: 78

Union Pacific Corporation (NYSE:UNP) is among the largest and most well-known shipping railroad companies in North America. The company operates an extensive network that spans 23 western states with over 32,000 miles of track. Union Pacific Corporation (NYSE:UNP) plays a vital role in the supply chain for various industries, including automotive, chemicals, construction, and agriculture.

Union Pacific Corporation (NYSE:UNP) is prioritizing the expansion of mainline and terminal capacities, constructing new sidings, and extending existing ones. These investments are particularly important in key growth regions such as the Pacific Northwest, where the company is enhancing its ability to manage soda ash and export grain, and the Southwest, where it is expanding its intermodal capabilities. Furthermore, Union Pacific Corporation (NYSE:UNP) is investing in advanced technologies such as GPS tracking for containers and rail pulse to boost service reliability and enhance the customer experience by offering real-time tracking and improved communication.

Union Pacific Corporation (NYSE:UNP) is also broadening its service offerings to address the evolving needs of its customers. For instance, the company recently launched a new domestic intermodal service that has successfully reduced transit times between Southern California and the Chicago area by two days. This advancement has attracted new customers while strengthening existing relationships.

While we acknowledge the potential of Union Pacific Corporation (NYSE:UNP) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than UNP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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