12 Best Stocks That Will Always Grow

8. Union Pacific Corporation (NYSE:UNP)

Union Pacific Corporation (NYSE:UNP) is one of the best stocks that will always grow. On March 4, BofA adjusted the price target on Union Pacific Corporation (NYSE:UNP) to $297 from $266, reiterating a Buy rating on the shares and telling investors that it is updating price targets on the Transportation – Railroads stocks under its coverage. It added that operating performance remains strong, and BofA sees several indicators pointing towards a potential inflection in the industrial economy.

Union Pacific Corporation (NYSE:UNP) also received a rating update from Jefferies on March 2. The firm lifted the price target on the stock to $300 from $285 and maintained a Buy rating on the shares. It stated that in a backdrop marked with investors increasingly focused on business models vulnerable to AI-driven disruption, the firm views transportation physical networks as “core HALO exposures”, (or Heavy Assets with Low Obsolescence), where value is derived “not just from software or labor inputs, but from long-lived infrastructure that is capital intensive, regulated, and effectively impossible to rebuild from scratch”. Jefferies lifted price targets across its physical asset transportation stocks in this backdrop.

Union Pacific Corporation (NYSE:UNP) provides railroad and freight transportation services, delivering goods used by businesses and families daily through a reliable and efficient service.