One of the most important things you can do when a market sells off is to make a shopping list of your favorite stocks to buy. When those names get to the prices you specify, don’t shy away from the trade just because you are feeling “uneasy” about the markets. Usually, that’s when it’s time to buy.
Union Pacific is one of my favorite names on the list. It never gives me the pullback I want, probably because of its stellar fundamentals. Lower oil prices, the energy/manufacturing boom in the U.S., and an overall economic recovery are producing windfall profits for transports. I also believe the tensions in Europe will have a minimal impact on domestic transports. Buy UNP here, and put the stop loss in at $97.99