UPS has lagged, but stick with it

Discussion in 'The Latest UPS Headlines' started by cheryl, Aug 11, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS has lagged, but stick with it - Blogging Stocks

    United Parcel Service (NYSE: UPS) has not performed as expected over the past four months - the stock has meandered - 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:

    Although institutional investor purchases of UPS appear to have been delayed, on concern the U.S. economic recovery won't arrive on time in Q3, share repurchase should support the stock.
     
  2. klein

    klein Für Meno :)

    But higher fuel costs (gas prices) will bring it right back down.
    When the econemy does return.. it's $4.00 a gallon now, so expect $5.00.
     
  3. shrimpfire

    shrimpfire shrimpfire

    they just pass cost on to consumer
     
  4. Hawaii50

    Hawaii50 Active Member

    As long as the company continues to make its numbers by cutting costs and not increasing revenue it's a red flag for institutional investors.