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The Latest UPS Headlines
UPS: A classic economic recovery play
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<blockquote data-quote="cheryl" data-source="post: 625126" data-attributes="member: 1"><p><strong>UPS: A classic economic recovery play - Blogging Stocks</strong></p><p></p><p>Not all stocks rise on cue. Despite a decent Q3 EPS performance of 55 cents, United Parcel Service, Inc.'s (NYSE: UPS) shares have lagged, but I'm nevertheless Reiterating my Buy rating for the company, first recommended on April 7, 2009 at a price of $51.28. Here's why:</p><p></p><p>Increased pricing power, in some delivery segments, and higher volumes will ensue in the quarters ahead, as the U.S./global economic recoveries strengthen. Overall, revenue should increase 7-9% in FY2010 after a difficult FY2009. The First Call FY2009/FY2010 EPS estimates for UPS are $2.17 to $2.70.</p></blockquote><p></p>
[QUOTE="cheryl, post: 625126, member: 1"] [B]UPS: A classic economic recovery play - Blogging Stocks[/B] Not all stocks rise on cue. Despite a decent Q3 EPS performance of 55 cents, United Parcel Service, Inc.'s (NYSE: UPS) shares have lagged, but I'm nevertheless Reiterating my Buy rating for the company, first recommended on April 7, 2009 at a price of $51.28. Here's why: Increased pricing power, in some delivery segments, and higher volumes will ensue in the quarters ahead, as the U.S./global economic recoveries strengthen. Overall, revenue should increase 7-9% in FY2010 after a difficult FY2009. The First Call FY2009/FY2010 EPS estimates for UPS are $2.17 to $2.70. [/QUOTE]
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