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Brown Cafe UPS Forum
The Latest UPS Headlines
UPS has lagged, but stick with it
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<blockquote data-quote="cheryl" data-source="post: 580417" data-attributes="member: 1"><p><strong>UPS has lagged, but stick with it - Blogging Stocks</strong></p><p></p><p>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:</p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="cheryl, post: 580417, member: 1"] [B]UPS has lagged, but stick with it - Blogging Stocks[/B] 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. [/QUOTE]
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UPS has lagged, but stick with it
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