UPS has lagged, but stick with it

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.
 

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.
 

Hawaii50

Well-Known 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.
 
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