Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

Union Pacific выглядит как качественный, но не дешёвый железнодорожный актив с очень сильной рентабельностью и умеренно напряжённой ликвидностью. По прибыли компания заметно сильнее отрасли: P/E ниже медианы на 11.3%, а EPS, ROE, ROA, ROI и маржи существенно выше отраслевых ориентиров, что подтверждает высокую операционную эффективность. При этом оценка по P/S, P/B и P/FCF остаётся заметно выше медианы, поэтому рынок уже закладывает в цену высокий уровень качества и стабильности бизнеса. Динамика маржинальности выглядит устойчивой: net margin, operating margin и gross margin держатся на очень высоких уровнях и почти не ухудшаются по годам, что поддерживает премию к оценке. Выручка и прибыль в целом сохраняют стабильность без резких провалов, а активы и собственный капитал постепенно растут, что говорит о нормальном качестве баланса. С другой стороны, debt/equity остаётся существенно выше отраслевой медианы, а long-term debt велик и почти не снижается, поэтому долговая нагрузка остаётся важным ограничителем для переоценки. Ликвидность слабая: current ratio ниже 1, а quick ratio фактически нулевой, что для капиталоёмкого бизнеса допустимо, но всё же добавляет осторожности. Дивидендная доходность невысока и в последние периоды снизилась, поэтому дивидендный фактор не даёт сильной поддержки оценке. В сумме фундаментал скорее оправдывает премиальный статус компании, но не настолько сильный, чтобы агрессивно повышать целевую цену. Для инвестора это история про высокое качество и устойчивую прибыльность, но с ограниченным апсайдом из-за дорогих мультипликаторов и долговой нагрузки. Поэтому целесообразна лишь умеренная консервативная корректировка прогноза вниз.

Union Pacific Corporation

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Средний индекс, без изменений. Рынок на стороне быков.

Medium index, flat. The market is on the bulls' side.

Средний индекс, незначительно вырос. Приток средств в лонги остается положительным.

Medium index, slightly up. The inflow of funds into longs remains positive.

Сильная рентабельность и стабильная прибыльность UNP поддерживают премию, но дорогие мультипликаторы, высокий долг и слабая ликвидность ограничивают апсайд.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Value ETF (Symbol: IVE) where we have detected an approximate $193.0 million dollar outflow -- that's a 0.4% decrease week over week (from 210,000,000 to 209,150,000). Among the largest underlying components of IVE, in trading today Union Pacific Corp (Symbol: UNP) is up about 1%, AT&T Inc (Symbol: T) is up about 1.5%, and Abbott Laboratories (Symbol: ABT) is lower by about 2.5%. For a complete list of holdings, visit the IVE Holdings page » The chart below shows the one year price performance of IVE, versus its 200 day moving average:
Looking at the chart above, IVE's low point in its 52 week range is $189.66 per share, with $229.53 as the 52 week high point — that compares with a last trade of $228.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further IVE Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy ETF Outflows: IVE, UNP, T, ABT

For Immediate Release
Chicago, IL – June 12, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Union Pacific Corp. UNP and Canadian National Railway Co. CNI.
Here are highlights from Thursday’s Analyst Blog:
2 Dividend Paying Stocks from the Railroad Industry You Should Count On
Prospects of the Zacks Transportation - Rail industry's participants are being weighed down by challenges like tariff-induced economic uncertainties, inflationary pressures and resultant high interest rates, as well as concerns pertaining to supply-chain disruptions. High fuel costs, due to the ongoing conflict in the Middle East, have been hurting the bottom-line growth of industry players.
Despite these headwinds, the industry has outperformed the Zacks S&P 500 Composite as well as the Zacks Transportation sector so far this year. Over this period, the industry has gained 18.1% compared with the S&P 500 Index's northward movement of 6.3% and the broader sector's surge of 10.5%.
Despite the challenges surrounding the industry, some railroad companies, like Union Pacific Corp. and Canadian National Railway Co., have consistently paid dividends to their shareholders, thus highlighting their pro-shareholder stance.
Dividend growth stocks generally belong to mature companies, which are less susceptible to significant market swings, and act as a hedge against uncertainty-induced stock market volatility, as is the case currently. They offer downside protection with their consistent increase in payouts.
Additionally, these companies generally have strong fundamentals like a sustainable business model, a long track of profitability, rising cash flows, good liquidity and a strong balance sheet.
How to Pick Stocks With Solid Dividend Payouts?
Investing in dividend stocks is a prudent strategy that offers a dual advantage: steady income and a cushion against market volatility. It's no wonder investors actively seek companies with a consistent and growing dividend history. These stocks provide a reliable income stream, acting as a buffer during market downturns and contributing to overall portfolio stability.
To guide investors interested in the railroad industry, we came up with certain parameters using the Zacks Stocks Screener. We shortlisted transportation stocks based on the following:
a) A dividend payout ratio of less than 60% (the dividend payout ratio — dividends paid/net income — gives the proportion of earnings paid out as dividends to shareholders. A payout ratio below 60 looks quite sustainable).
b) A dividend yield of greater than 2% (dividend yield denotes the percentage of a company's share price that it shells out as dividends annually).
The selected stocks have exhibited dividend growth in the past five years, apart from currently carrying a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Union Pacific: Headquartered in Omaha, NE, Union Pacific, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. Currently, UNP has a market capitalization of $158.54 billion.
UNP's quarterly dividend of $1.38 ($5.52 annualized) per share gives a 2.07% yield at the current stock price. The company's payout ratio is 46% of its earnings at present. The five-year dividend growth rate is 4.29%. (Check Union Pacific's dividend history here)
UNP has paid dividends on its common stock for 126 consecutive years, reflecting its pro-shareholder approach. Union Pacific's consistent initiatives to reward its shareholders through dividends and share repurchases look encouraging. In 2022, UNP paid dividends worth $3.16 billion and repurchased shares worth $6.28 billion. In 2023, the company returned $3.9 billion to its shareholders through dividends ($3.17 billion) and buybacks ($705 million). During 2024, UNP paid $3.21 billion in dividends and repurchased shares worth $1.50 billion. During 2025, UNP paid $3.23 billion in dividends and repurchased shares worth $2.67 billion.
Canadian National: Based in Montreal, Canada, Canadian National is involved in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. Currently, CNI has a market capitalization of $72.31 billion.
CNI's quarterly dividend leads to $2.67 per share (annualized), which gives it a 2.24% yield at the current stock price. This company's payout ratio is 49% of its earnings at present. The five-year dividend growth rate is 5.67%. (Check Canadian National's dividend history here)
CNI's consistent efforts to reward its shareholders via dividends and buybacks are encouraging and highlight the company's financial strength. In 2022, CNI paid dividends of C$2.00 billion and repurchased shares worth C$4.71 billion. In 2023, CNI paid dividends of C$2.07 billion and repurchased shares worth C$4.55 billion. During 2024, CNI paid dividends of C$2.14 billion and repurchased shares worth C$2.60 billion.During 2025, CNI paid dividends of C$2.20 billion and repurchased shares worth C$2.05 billion.
Such shareholder-friendly moves indicate the company's commitment to creating value for shareholders and underline its confidence in its business.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Zacks Analyst Blog Highlights Union Pacific and Canadian National Railway

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NRG Energy Inc (Symbol: NRG), where a total volume of 12,090 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.9% of NRG's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $150 strike call option expiring September 18, 2026, with 5,061 contracts trading so far today, representing approximately 506,100 underlying shares of NRG. Below is a chart showing NRG's trailing twelve month trading history, with the $150 strike highlighted in orange:
Union Pacific Corp (Symbol: UNP) saw options trading volume of 13,965 contracts, representing approximately 1.4 million underlying shares or approximately 43.6% of UNP's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $275 strike call option expiring June 18, 2026, with 6,671 contracts trading so far today, representing approximately 667,100 underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $275 strike highlighted in orange:
And Newmont Corp (Symbol: NEM) saw options trading volume of 32,122 contracts, representing approximately 3.2 million underlying shares or approximately 41.8% of NEM's average daily trading volume over the past month, of 7.7 million shares. Particularly high volume was seen for the $110 strike call option expiring July 17, 2026, with 10,637 contracts trading so far today, representing approximately 1.1 million underlying shares of NEM. Below is a chart showing NEM's trailing twelve month trading history, with the $110 strike highlighted in orange:
For the various different available expirations for NRG options, UNP options, or NEM options, visit StockOptionsChannel.com.
Further NRG Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Wednesday Option Activity: NRG, UNP, NEM

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $237.1 million dollar outflow -- that's a 1.2% decrease week over week (from 46,250,000 to 45,700,000). Among the largest underlying components of IWV, in trading today McDonald's Corp (Symbol: MCD) is off about 0.5%, Boeing Co. (Symbol: BA) is off about 1.3%, and Union Pacific Corp (Symbol: UNP) is higher by about 0.4%. For a complete list of holdings, visit the IWV Holdings page » The chart below shows the one year price performance of IWV, versus its 200 day moving average:
Looking at the chart above, IWV's low point in its 52 week range is $336.27 per share, with $431.32 as the 52 week high point — that compares with a last trade of $428.95. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further IWV Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IWV, MCD, BA, UNP: Large Outflows Detected at ETF

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Arista Networks Inc (Symbol: ANET) has taken over the #70 spot from Union Pacific Corp (Symbol: UNP), according to The Online Investor.
Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much — that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true "apples-to-apples" comparison of the value of two stocks. In the case of Arista Networks Inc (Symbol: ANET), the market cap is now $195.52 billion, versus Union Pacific Corp (Symbol: UNP) at $158.52 billion.
Below is a chart of Arista Networks Inc versus Union Pacific Corp plotting their respective size rank within the S&P 500 over time (ANET plotted in blue; UNP plotted in green):
Below is a three month price history chart comparing the stock performance of ANET vs. UNP:
Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers — much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and "tosses out" the biggest 100 companies so as to focus solely on the 400 smaller "up-and-comers" (which in the right environment can outperform their larger rivals). So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these rankings daily.
Examine the full ANET market cap history vs. the full UNP market cap history.
At the closing bell, ANET is up about 2.5%, while UNP is down about 1.5% on the day Friday.
Further ANET Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Arista Networks Moves Up In Market Cap Rank, Passing Union Pacific

(RTTNews) - The U.S. Surface Transportation Board on Thursday said it has paused the merger review process, including the environmental review, for the proposed Union Pacific Corp. (UNP) and Norfolk Southern Corp. merger while accepting the companies' revised application for consideration.
The regulator has ordered the railroads to provide additional information by July 27, 2026.
"The Board finds that there are several aspects of the revised application that are unclear or underdeveloped and require supplementation at this stage of the proceeding so that the Board may have the information necessary to thoroughly evaluate—and the public has an adequate opportunity to comment on—whether the transaction is in the public interest," STB said in a release.
The Board requested additional information on several issues, including competitive impacts, access for shippers, public benefits, service assurance plans, market share projections, downstream merger effects, passenger rail operations and car supply issues.
The Board also denied a request by the applicants to waive restrictions on ex parte communications, saying such a waiver at this stage could complicate the record-building process.
In addition, the Board confirmed that an Environmental Impact Statement will be prepared for the proposed merger in accordance with the National Environmental Policy Act. The agency said it plans to hold at least 12 in-person public meetings and several virtual meetings as part of the environmental review process.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

STB Puts On Hold Union Pacific, Norfolk Southern Merger Review

In trading on Thursday, cigarettes & tobacco shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Ispire Technology, off about 6.2% and shares of Universal off about 5.5% on the day.
Also lagging the market Thursday are railroads shares, down on the day by about 1.5% as a group, led down by Norfolk Southern, trading lower by about 4.8% and Union Pacific, trading lower by about 4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Thursday Sector Laggards: Cigarettes & Tobacco, Railroads

Key Points
CSX is already showing improvement under new CEO Steve Angel.
Union Pacific is awaiting word on its pending $85 billion merger with Norfolk Southern.
CSX's stability and solid growth outlook make it the better stock for now.
Class I railroads Union Pacific (NYSE: UNP) and CSX (NASDAQ: CSX) are two prominent companies that transport bulk goods and commodities across the continent on tens of thousands of miles of track.
Railroads are classic industrial stocks, but still a fantastic business to invest in today. The incumbent railroad companies dominate North America, and, combined with regulatory hurdles, make it almost impossible for new entrants to enter the fray. That drives pricing power and strong investment returns. Union Pacific has returned 308% over the past decade, slightly outpacing the S&P 500 index's 326%. Meanwhile, CSX has been a home run, returning over 519%.
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But which is the better railroad to own in 2026? There's a ton to like about Union Pacific, but much of that depends on a blockbuster acquisition. That's why CSX remains the better railroad stock in 2026. Here is what you need to know.
CSX's operational improvement is the 2026 headline
CSX operates approximately 20,000 miles of rail and provides rail and intermodal transport services throughout the eastern and southeastern United States and the Canadian provinces of Ontario and Quebec. CSX appointed Steve Angel as CEO in September 2025. He was the former CEO of Linde, an industrial gases giant where operational efficiency is paramount to success. That influence has shown up pretty quickly. CSX's operating margin rose by 560 basis points year over year in the first quarter of 2026, driven largely by a 6% reduction in operating expenses.
The company also recently completed its project at the Howard Street Tunnel in Baltimore, which will boost intermodal volumes. Intermodal volumes rose 6% in the first quarter. The market has rewarded the stock with a forward P/E ratio of 24. It's not a very low valuation, certainly not a bargain. That said, it seems fair given analysts' expectation of approximately 10% annualized earnings growth over the next three to five years. It makes CSX a safe, steady investment.
Union Pacific's pending merger could transform the company
Union Pacific is larger, with about 32,000 miles of railroad track, but operates in the western and central United States, touching parts of Mexico. It's the only railroad with access to all six gateways between the two countries. It's a major advantage, given the significant manufacturing and trade flows between these nations. However, the big story with Union Pacific right now is its pending $85 billion merger with Norfolk Southern, which both parties agreed to last summer.
The merger is currently in regulatory review. Regulators could approve, reject, or impose conditions on the merger, such as requiring asset sales. If approved as is, the merger would create a behemoth in the industry. Its railroad would span over 50,000 miles through 43 states, linking roughly 100 ports across North America. The companies expect a decision on the merger sometime in 2027.
Blockbuster acquisitions come with an assortment of risks
Even if regulators approve the merger as is, there are several risks that investors should consider with Union Pacific.
The merger is an enormous deal. Union Pacific's market cap is about $157 billion, so this deal dramatically increases the company's size. Such large mergers almost always raise questions about how well the pieces fit together. A rocky post-merger transition could hurt operating efficiency or margins. There will likely be cost savings as Union Pacific cuts redundant expenses, but identifying, cutting, and realizing those savings can take several years.
On top of that, analysts currently see Union Pacific growing earnings by an average of 7% to 8% annually over the next three to five years, and Norfolk Southern growing earnings by an average of 4% to 5% over the same time period. Yet, Union Pacific trades at a forward P/E ratio of about 21 times 2026 earnings estimates. In other words, investors could be better off paying a slightly higher valuation for CSX, a more stable company with a stronger earnings growth outlook.
Union Pacific could look completely different once this merger saga plays out. Until then, you're buying Union Pacific for its merger story and long-term potential, not its current fundamentals. That makes CSX the better railroad stock to buy in 2026.
Should you buy stock in CSX right now?
Before you buy stock in CSX, consider this:
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*Stock Advisor returns as of May 27, 2026.
Justin Pope has no position in any of the stocks mentioned. The Motley Fool recommends Linde and Union Pacific. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Union Pacific vs. CSX: Better Railroad Stock in 2026?

Key Points
Joby’s eVTOL deliveries could soar over the next decade.
Canadian National Railway’s scale and diversification make it an evergreen investment.
Over the past few years, many investors flocked toward artificial intelligence (AI) and AI-adjacent stocks. However, that buying frenzy drove the S&P 500 to its all-time highs -- so the market might be due for a near-term pullback from its historically high valuations.
To insulate themselves from that inevitable downturn, investors should diversify their portfolios into other less overbought sectors. One such sector is the transportation industry, which will continue to grow as long as companies need to transport people or products.
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Let's take a closer look at two promising transportation stocks that are worth buying this year: Joby Aviation (NYSE: JOBY) and Canadian National Railway (NYSE: CNI). The former is a good fit for speculative investors, while the latter is a dependable blue chip play.
The speculative play: Joby Aviation
Joby Aviation develops electric vertical take-off and landing (eVTOL) aircraft. Its S4 eVTOL can carry one pilot and four passengers, travel up to 150 miles on a single charge, and reach a maximum speed of 200 miles per hour. Unlike many of its competitors, which use separate propellers for takeoff and cruising, the S4 uses a single propeller for both modes -- reducing its weight and enabling it to travel faster and farther.
Joby is still awaiting the FAA's approval to launch its first commercial flights, but it's already backed by major companies such as Toyota, Delta Air Lines, and Uber. Toyota provides Joby with the engineering and manufacturing support to scale its business. Delta will bundle Joby's short-range flights into its premium tickets for "home to airport" services, and Uber will integrate those flights into its new Uber Air platform. It's also producing autonomous eVTOLs for the Department of Defense.
Once Joby's first commercial flights take off, analysts expect its revenue to soar from $53 million in 2025 to $458 million in 2028. According to Fortune Business Insights, the global eVTOL market could grow at a 36.8% CAGR from 2026 to 2034 as those electric aircraft replace conventional helicopters for short-range flights.
Joby is still unprofitable, and its stock isn't cheap at 25 times its 2028 sales. But if it successfully ramps up its production over the next few years, it could become one of the market's hottest next-gen transportation stocks.
The conservative play: Canadian National Railway
Canadian National Railway operates approximately 20,000 miles of railroad across the U.S. and Canada, and connects the Pacific, Atlantic, and Gulf of Mexico coasts. That T-shaped network supports seamless cross-border shipping without transfers to other carriers. It's diversified across a wide range of sectors -- including bulk commodities, shipping containers, industrial and energy products, and automotive products -- so it isn't dependent on a single industry.
That scale and diversification make it one of the market's most reliable transportation stocks. From 2025 to 2028, analysts expect its EPS to grow at an 8% CAGR. It still looks reasonably valued at 21 times this year's earnings, and it pays a forward dividend yield of 2.3%.
Canadian National Railway faces three near-term challenges: the unresolved tariff negotiations between the U.S. and Canada, which could impact cross-border trade; higher oil prices and catch-up costs from a previous labor dispute, which are driving up its operating costs; and the proposed merger between Union Pacific and Norfolk Southern, which would create a major competitor and America's first true transcontinental railroad.
Nevertheless, Canada's ongoing exports of oil products, grain, and fertilizer should offset a lot of that near-term pressure. Its recent completion of a major investment cycle (to expand its Chicago EJ&E bypass) should also reduce some of the pressure on its margins and earnings. So if you're looking for a conservative, dividend-paying logistics play that will bounce back from the next market crash, Canadian National Railway checks all the right boxes.
Should you buy stock in Joby Aviation right now?
Before you buy stock in Joby Aviation, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Joby Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $472,852!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,317,207!*
Now, it’s worth noting Stock Advisor’s total average return is 984% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of May 27, 2026.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends Canadian National Railway, Delta Air Lines, and Union Pacific. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Best Transportation Stocks to Buy in 2026

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Union Pacific Corp (Symbol: UNP), where a total volume of 51,760 contracts has been traded thus far today, a contract volume which is representative of approximately 5.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 194.2% of UNP's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $280 strike call option expiring May 29, 2026, with 17,732 contracts trading so far today, representing approximately 1.8 million underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $280 strike highlighted in orange:
Zscaler Inc (Symbol: ZS) saw options trading volume of 52,961 contracts, representing approximately 5.3 million underlying shares or approximately 171.4% of ZS's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $230 strike call option expiring May 29, 2026, with 3,194 contracts trading so far today, representing approximately 319,400 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $230 strike highlighted in orange:
And Abercrombie & Fitch Co (Symbol: ANF) saw options trading volume of 16,042 contracts, representing approximately 1.6 million underlying shares or approximately 140.1% of ANF's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $85 strike call option expiring May 29, 2026, with 1,608 contracts trading so far today, representing approximately 160,800 underlying shares of ANF. Below is a chart showing ANF's trailing twelve month trading history, with the $85 strike highlighted in orange:
For the various different available expirations for UNP options, ZS options, or ANF options, visit StockOptionsChannel.com.
Further UNP Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Periodand min./max. price, $	Price change, %		Volatility, %		Volume, $
Periodand min./max. price, $	UNP	Industry	UNP	Industry	Volume, $
Yesterday 263.4 - 267.0	-5.61	5.33	3.09	1.63	146.72M
Week 261.9 - 270.3	-5.17	8.99	2.49	3.44	1.17B
Month 246.9 - 274.8	-0.11	15.71	4.26	7.86	7.49B
3 Months 231.7 - 274.8	-5.18	10.67	9.54	19.21	22.78B
6 Months 219.9 - 274.8	11.54	18.16	12.75	28.72	51.97B
Year 210.8 - 274.8	10.43	59.74	21.69	44.13	122.15B
3 years 190.7 - 274.8	25.72	52.82	37.50	67.71	258.09B
5 years 183.7 - 278.9	11.17	87.68	50.88	93.82	435.07B
All time 8.6 - 278.9	1,340.70	186.28	—	—	550.50B

Union Pacific Corporation

Price and volatility history

Risk ratios