Union Pacific Corporation (UNP) traded within a range of $107.71 to $108.49 after opening the day at $107.88. The company has seen its stock increase in value by 4.04% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $107.87 per share. After the recent gain, the stock is currently holding -3.15% below its 52 week high of $111.38 and 50.34% above its 12-month low of $76.9. The shares are up by over 15.5% in the last three months, and the RSI indicator value of 55.12 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.
Franklin Resources, Inc. (BEN) continued its upward trend with the stock climbing 0.99% or $0.4 to close the day at $40.88 on active trading volume of 2.77M shares, compared to its three month average trading volume of 2.71M. The San Mateo California 94403 based company has been outperforming the asset management group over the past 52 weeks, with the stock gaining 32.71%, compared to the industry which has advanced 39.46% over the same period. With RSI of 56.22, the stock should still continue to rise and get closer to its one year target estimate of $38.91, making it a hold for now.
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Deere & Company (DE) gained $1.12 to close the day at a new closing price of $110.24, a 1.03% increase in value from its previous closing price that moved the stock 50.8% above its 52 week low of $74.91. A total of 2.76M shares exchanged hands during the day compared with its three month average trading volume of 2.96M. The stock, which fluctuated between $109.15 and $110.39 during the day, currently situated 0.96% above its 52 week high. The stock is up by 4.29% in the past one month and up by 23.05% over the past three months. With a one year target estimate of $102.63 and RSI of 72.25, the stock still has upside potential, making it a sell for now.
Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.