A long time ago, my grandpa invested stock in Union Pacific, which is still active through my grandma. I was wondering how it's doing, good or bad money wise?
2006-10-07 17:24:18 · 5 answers · asked by feisty 2 in Business & Finance ➔ Investing
Union Pacific stock is a good investment. The company is doing nothing but making profits......
2006-10-07 17:32:47 · answer #1 · answered by Screwball 4 · 0⤊ 0⤋
Its doing great!
I can answer this question more accurately if you gave me a rough estimate of when he bought it. If he bought it years and years ago, this stock has performed very, very well.
It's currently trading around $90 a share, which means if your grandmother decided to sell all of her stock right now, should would probably get about $90 dollars for every share she owned.
You can get more detailed share price information and news related to Union Pacific here: http://finance.yahoo.com/q?d=t&s=UNP
Better yet, this company pays dividends! This means she gets a certain amount of the profits generated by Union Pacific. In all likelihood, the dividends are reinvested in the company. (IE: Buying more stock every time a dividend is paid.)
I hope that answers your question.
Graciously
The Investing Sensei
http://www.investingsensei.blogspot.com
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2006-10-11 14:16:52 · answer #2 · answered by Johnny B 2 · 0⤊ 0⤋
The Union Pacific is the largest railroad in the US with 32,400 miles of track and 49,700 employees. It has 39 billion dollars in assets and 13.5 billion dollars in revenue.
When the world runs out of oil the only means of overland transportation that will be viable will be the railroads. The do not need oil. They can run on electricity. Although most railroads today burn diesel, they do not have to.
A solid long term investment although its earnings are tied directly into the U S economy. When the economy is good, UP's earnings are good. When the economy is bad, UP's earnings suffer.
2006-10-08 02:48:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes Union Pacific as long as the markets keep going up you should be all right like that one answer I read that you have, the railroads are hooked to the US economy. Now is a good time to invest in it for three to five months as long as the stock market is going up.
2006-10-15 15:28:36 · answer #4 · answered by swh_house 1 · 0⤊ 0⤋
Check through the Nasdaq or NYSE,Standards & Poor, DOW and see, if he did some time ago, it is probably worth a chunk of change
2006-10-07 17:32:45 · answer #5 · answered by back2skewl 5 · 0⤊ 0⤋