Union Pacific: Attractive After Recent Sell-Off

|
About: Union Pacific Corporation (UNP)
by: Nicholas Ward
This article is exclusive for subscribers.
Nicholas Ward
Long only, long-term horizon, dividend investing, value
Summary

Union Pacific's recent weakness has pushed the stock down towards my $150 fair valuation target.

The trade war is serving as a headwind to rail car volumes, though efficiency measures are increasing profits.

Union Pacific doesn't have an exceptionally long dividend growth streak, but the company has historically been very generous to shareholders.

To me, this is a blue chip name worth owning, and I'm looking to add into further weakness.

Recently, I’ve had a hard time finding attractive value in the market. There are the chronically underpriced dogs such as AbbVie (ABBV), Altria (MO), AT&T (T), Bristol-Myers (BMY