11 Best Logistics Stocks to Invest in Right Now

1. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Funds: 78

Union Pacific Corporation (NYSE:UNP) is a railroad holding company headquartered in Omaha, Nebraska. Union Pacific Railroad, the principal operating company of Union Pacific Corporation, provides a critical link in the global supply chain by connecting 23 states in the western two-thirds of the US by rail.

Union Pacific was established by President Abraham Lincoln in 1862 and has been building America for over 160 years. The company is uniquely positioned as it serves many of the fastest-growing population centers in the United States while operating from all major West Coast and Gulf Coast ports to eastern gateways and seamlessly connecting with Canada’s rail systems. It is the only railroad serving all six major Mexico gateways.

Union Pacific Corporation (NYSE:UNP) has already laid the foundation for its success as it posted year-over-year improvements for the trailing 12 months ended June 30, 2024, in reportable injury rates, freight car velocity, and locomotive productivity among other major metrics. Recently, the company closed 2024’s third quarter, demonstrating strategic success. Improved safety and service performance drove solid revenue growth which translated into third-quarter earnings per diluted share up 10% and operating income up 11%. Hence, the firm is positioned well to lead in safety, service, and operational excellence

While we acknowledge the potential of UNP as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a deeply undervalued 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.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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