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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Union Pacific - UNP - Barchart Chart Of The Day 0 comments
    Aug 6, 2012 9:30 AM | about stocks: UNP

    Barchart.coms Chart of the Day - Union Pacific (NYSE:UNP)

    Barchart Research Team - BC - Fri Aug 03, 11:47PM CDT

    Related Stocks
    UNP - Union Pacific Corp.

    SymLastChgPct
    UNP124.54+2.74+2.25%

    The "Chart of the Day" is Union Pacific (UNP), which showed up on Friday's Barchart "All-Time High" list. Union Pacific gapped higher on Friday, posted an all-time high of $126.91 and closed up +2.25%. TrendSpotter has been long Union Pacific since June 15 at $114.87. Last Tuesday, Union Pacific Railroad was named the 2011 Provider of the Year by Wallenius Wilhelmsen Logistics Vehicle Services Americas Inc. (WWL). This award evaluates railroad, truck and short sea companies to determine the best overall logistics excellence provider in the areas of quality, performance and customer service. Union Pacific also received WWL's 2011 Provider Recognition Award for Rail Services for best service of all railroad carriers. The award is a formula-based assessment of transit commitment, actual damage-free delivery and a quarterly survey. It is the second year in a row Union Pacific won both awards. On July 26, the Board of Directors of UNP declared a quarterly dividend of 60 cents per share on its common stock to shareholders of record Aug 31, 2012. UNP has paid dividends on its common stock for 113 consecutive years. UNP, with a market cap of $58.2 billion, consists of one reportable segment, rail transportation, and the company's other product lines. The railsegment includes the operations of the corporation's wholly owned subsidiary, Union Pacific Railroad Company and Union Pacific Railroad Company's subsidiaries and rail affiliates. The company's other operations include the trucking product line, as well as the other product lines that include technology, self-insurance activities, corporate holding company operations, and all appropriate consolidating entries.

    (click to enlarge)unp_700_01

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    • TrendSpotter: Buy
    • Short-Term Indicators: 80% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 96% Buy

    Barchart links for further information:

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    Chart of the Day Archive
    View Past Chart of the Day Reports

    Stocks: UNP
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