UPS Sees No Bounce Following Strong Q4 Report - Blogging Stocks
The strong fourth-quarter results that United Parcel Service (UPS) reported earlier this week may have led to an analyst's upgrade, but its done little for the stock. Shares inched upward both Tuesday and Wednesday on relatively low volume, but UPS is still trading in the same $57.00 to $59.00 range in which it's spent most of the past three months.
UPS also suggested in its Tuesday conference call that share buybacks or a dividend increase may be in its future.
The strong fourth-quarter results that United Parcel Service (UPS) reported earlier this week may have led to an analyst's upgrade, but its done little for the stock. Shares inched upward both Tuesday and Wednesday on relatively low volume, but UPS is still trading in the same $57.00 to $59.00 range in which it's spent most of the past three months.
UPS also suggested in its Tuesday conference call that share buybacks or a dividend increase may be in its future.
