If You Invested $1,000 in Union Pacific In 2010, This Is How Much You Would Have Today
While railroads may seem old-fashioned, they're still an integral part of the U.S. economy. In 2020, about 28% of total freight was moved by rail domestically. And with practically no new railroads being built, the existing companies have a practical monopoly over the infrastructure.
The largest publicly traded railroad company is Union Pacific (NYSE: UNP) although Berkshire Hathaway owns its primary competitor, BNSF. Since 2010 (and many other periods as well), Union Pacific has been an outstanding stock. But will it continue to deliver for investors in the future?
If you invested $1,000 in 2010 in Union Pacific, your shares would be worth about $6,100 now. However, their performance would have been much more remarkable if you had reinvested the dividends.
Source Fool.com
