2017 is expected to bring the highest gasoline prices since 2014. According to a recent report from Triple A, the average cost for regular, unleaded gas is expected to rise to $2.49 per gallon this year, up from $2.13 in 2016. That’s bad news for corporate America — higher energy prices means rising operating expenses for most of the S&P 500. However, there is one company that is actually in position to benefit. Rising gasoline prices are a profit trigger for this industry leader. That’s why I am expecting shares to close to 2017 at a new all-time high. Union… Read More
2017 is expected to bring the highest gasoline prices since 2014. According to a recent report from Triple A, the average cost for regular, unleaded gas is expected to rise to $2.49 per gallon this year, up from $2.13 in 2016. That’s bad news for corporate America — higher energy prices means rising operating expenses for most of the S&P 500. However, there is one company that is actually in position to benefit. Rising gasoline prices are a profit trigger for this industry leader. That’s why I am expecting shares to close to 2017 at a new all-time high. Union Pacific (NYSE: UNP) owns and operates the largest rail network in the United States. It operates 8,500 locomotives over 32,100 route-miles in 23 states west of Chicago, Illinois and New Orleans, Louisiana. Union Pacific stock has been on a roll. Shares are up 23% in the last 12 months, a 54% premium to the S&P 500. Take a look below. Looking forward, I am expecting another market-beating performance from Union Pacific in 2017. A powerful profit trigger is on the horizon for the entire US rail shipping industry and Union Pacific in particular. When gasoline is cheap, companies… Read More