Top 10 Stocks With Big Insider Buying, Buybacks

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 20, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    Top 10 Stocks With Big Insider Buying, Buybacks - The Street

    Of all the trucking stocks, Wolfe is most confident in UPS. Wolfe upgraded the stock to outperform from peer perform and increased its price target to $85, as "UPS is well positioned to quickly firm up rates once the freight economy improves." He concluded, "While we expect lower guidance in the near term, we believe UPS is well positioned for the longer term and at 15x our low-end forward P/E, valuation seems reasonable."
     
  2. The Beatles

    The Beatles Guest

    yeah yeah yeah