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Sheldon Liber Return Risk +3.24% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed UPS 12/23/08 +5.28% 01/05/09 MCD 12/23/08 -6.51% 10/09/09 JNJ 12/23/08 -0.32% 02/06/09 GE 12/23/08 -2.13% 12/31/08 MSFT 12/23/08 +1.97% 05/11/09 Via BloggingStocks:   Filed under: Products and services, Microsoft (MSFT), General Electric (GE), McDonald's (MCD), United Parcel'B' (UPS), Chasing Value, Stocks to Buy When oil prices were rising quarter after quarter through July of this year -- topping $147 per barrel -- it was very problematic for United Parcel Service (NYSE: UPS) to run its television commercials bragging they had the largest fleet of planes and trucks in the world. Fuel prices that hurt the economy have hurt UPS more. The stock is down from the high $80s a few years ago to the current lows closing Monday at $52.77. It is trading below its 2001 IPO price after averaging around $70 for most of its "public life." Just about every business journal is coming out with its stock picks for 2009, and among them are many blue chip stocks. These include familiar names like General Electric (NYSE: GE) Chasing Value: Add General Electric to the list, Johnson and Johnson (NYSE: JNJ), Microsoft (NASDAQ: MSFT), and McDonald's (NYSE: MCD), to name a few. While I was reading this weekend I saw a UPS ad and realized that nobody was directing investor attention to this fine company. That got me thinking. UPS has a clean balance sheet, great cash flow and is AAA rated. The company has weathered the high fuel prices and reduced business. UPS itself has become a valuable barometer over the years to measure the state of the economy and I often check with our carrier about his business traffic. On Friday he said they were laying off 10% of the drivers but he would be above the cut. Continue reading Chasing Value: United Parcel -- forgotten blue chip Chasing Value: United Parcel -- forgotten blue chip originally appeared on BloggingStocks on Tue, 23 Dec 2008 15:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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