NEW YORK (TheStreet) -- Union Pacific
(UNP - Get Report) CEO John (Jack) Koraleski said his company's business is doing well, and TheStreet's Jim Cramer believes this success stems from its new track in Mexico.
Cramer says Union Pacific has the best Mexican import business in the world that benefits greatly from the North American Free Trade Agreement (NAFTA). He adds grain, fracking sand, and the automotive and lumber/housing sectors are doing quite well.
Cramer notes these are all good signs and points out Union Pacific stock remains inexpensive because the company must re-price multiple contracts next year. He recommends buying Union Pacific until the low $200 range.
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