Will Union Pacific Break Through $100? (UNP)

The shares of Union Pacific UNP, which I first discussed here on March 27, 2009, at a price of $43, have failed three times this winter to break through major, psychological resistance at $100. Needless to add, if you haven't already, now may be a good time to consider taking some profits if you're in near $43. However, those investors who can tolerate the risk can maintain their full position in UNP, but keep in mind that the journey to $120 probably will not be completed in 2011. Many macro-factors are running in Union Pacific's favor. Union's revenue increased an impressive 20% in 2010, with a better than 8% volume jump on rising intermodal, industrial and chemical transportation demand; 2011 revenue should advance 10% to 12%. Continue reading the article.