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<blockquote data-quote="moreluck" data-source="post: 243003" data-attributes="member: 1246"><p><em><strong>Subject:</strong></em> ups</p><p></p><p> </p><p><span style="font-size: 15px"><strong>BOSTON (MarketWatch) -- Michael Chren, senior director of large-cap value investing at Allegiant Asset Management, says that investors should be looking for "dynamic" situations, and noted that the current negativity spreading on Wall Street is creating many opportunities.</strong></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">In a radio interview with Chuck Jaffe, MarketWatch senior columnist, Chren said that "when the Fed starts to ease [interest rates], the market will lift off and high-quality names will start to perform," which is why he urged being "on the other side of the fence" in situations where a herd mentality has beaten down top investment names. </span></p><p><span style="font-size: 15px">Chren noted that the tide on energy stocks has been rising for years, and when "everybody is in love with energy stocks, typically that's time for a pullback." As such, Chren put a hold rating on Suncor Energy (<a href="http://www.marketwatch.com/quotes/su" target="_blank"><u><span style="color: #0000ff">SU</span></u></a>: suncor energy inc com</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">Chren also put United Parcel Service (<a href="http://www.marketwatch.com/quotes/ups" target="_blank"><u><span style="color: #0000ff">UPS</span></u></a>: united parcel service inc cl b</span></p><p><span style="font-size: 15px"><a href="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=UPS" target="_blank"><u><span style="color: #0000ff">UPS</span></u></a>74.38, 0.00, 0.0%) on the buy list and suggested selling Home Depot (<a href="http://www.marketwatch.com/quotes/hd" target="_blank"><u><span style="color: #0000ff">HD</span></u></a>: Home Depot, Inc</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p></blockquote><p></p>
[QUOTE="moreluck, post: 243003, member: 1246"] [I][B]Subject:[/B][/I] ups [SIZE=4][B]BOSTON (MarketWatch) -- Michael Chren, senior director of large-cap value investing at Allegiant Asset Management, says that investors should be looking for "dynamic" situations, and noted that the current negativity spreading on Wall Street is creating many opportunities.[/B] In a radio interview with Chuck Jaffe, MarketWatch senior columnist, Chren said that "when the Fed starts to ease [interest rates], the market will lift off and high-quality names will start to perform," which is why he urged being "on the other side of the fence" in situations where a herd mentality has beaten down top investment names. Chren noted that the tide on energy stocks has been rising for years, and when "everybody is in love with energy stocks, typically that's time for a pullback." As such, Chren put a hold rating on Suncor Energy ([URL="http://www.marketwatch.com/quotes/su"][U][COLOR=#0000ff]SU[/COLOR][/U][/URL]: suncor energy inc com Chren also put United Parcel Service ([URL="http://www.marketwatch.com/quotes/ups"][U][COLOR=#0000ff]UPS[/COLOR][/U][/URL]: united parcel service inc cl b [URL="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=UPS"][U][COLOR=#0000ff]UPS[/COLOR][/U][/URL]74.38, 0.00, 0.0%) on the buy list and suggested selling Home Depot ([URL="http://www.marketwatch.com/quotes/hd"][U][COLOR=#0000ff]HD[/COLOR][/U][/URL]: Home Depot, Inc [/SIZE] [/QUOTE]
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