Shares of Union Pacific (UNP) fell Wednesday after the company slashed Q4 forecasts. Does the warning suggest where our economy is headed?
Guy Adami explains UNP guided lower because of higher diesel prices. If you want to play the rails he recommends Burlington Northern Santa Fe (BNI) with an $80 stop. Adami only likes this stock because Warren Buffett owns shares and says it’s a trade, only.
Tim Seymour feels differently. He likes the rail space.
Pete Najarian also likes the rails because they transport coal which he feels is in great demand.