Jim Cramer Tells Viewers To Not Trust Billionaires & Discusses These 11 Stocks

7. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders In Q3 2024: 78

Union Pacific Corporation (NYSE:UNP) is a sizable railroad operator whose shares are flat over the past year. The firm has struggled because of a sluggish industrial economy which has reduced the demand for its services. Union Pacific Corporation (NYSE:UNP)’s shares did rise by 5% in January after the firm’s fourth-quarter results led to a $2.96 profit per share which beat analyst estimates of $2.78. In his previous appearances, Cramer has speculated that Union Pacific Corporation (NYSE:UNP) can benefit from a resurgence in the coal market under President Trump. Here are his latest remarks:

“You know Carl not a lot of downgrades today. And I think that there should have been. I think that Loop Capital downgrading a lot of the transports, particularly the railroads, Norfolk Southern, Union Pacific, that made a ton of sense. TSX. Union Pacific brings a huge amount back and forth and back and forth. . . . So I don’t think those are what you buy. And I just think that we are not being thoughtful. A lot of stocks are being downgraded today. Now I’m as negative as say David Kostin from Goldman who’s talking about a five percent decline. But I do think that there should have been more downgrades and because transport, commerce’s going to slow. And the rails in particular because that’s how we get a lot of stuff. Union Pacific’s huge down there. KSU’s huge. Those made sense.”