Jim Cramer Highlights Union Pacific Merger Talks

Union Pacific Corporation (NYSE:UNP) is one of the stocks Jim Cramer shed light on. During the episode, Cramer discussed the company’s merger talks. He said:

“This morning, we got confirmation that Union Pacific and Norfolk Southern are in merger talks. I mean, this is the biggest test we’ve ever seen of the antitrust regime, at least in my life. Okay, we have so few railroads in this country, and we want them to compete with each other. We always want them to compete with each other.

Under President Biden or honestly any previous president, I think the advisory firms would say, don’t even bother doing this deal. But under Trump’s regulators, it’s an open question. I think the advisors want to test the waters. If they get the go-ahead, that means big fees and a giant green light to any company that wants to merge with a competitor.”

Union Pacific (NYSE:UNP) provides freight transportation services, moving goods including agricultural products, energy resources, industrial materials, and automotive shipments.

While we acknowledge the risk and potential of UNP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UNP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.