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Joseph Lazzaro Return Risk +1.12% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed UPS 10/28/09 +5.78% -- Via BloggingStocks:   Filed under: United Parcel'B' (UPS), Stocks to Buy Not all stocks rise on cue. Despite a decent Q3 EPS performance of 55 cents, United Parcel Service, Inc.'s (NYSE: UPS) shares have lagged, 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: Increased pricing power, in some delivery segments, and higher volumes will ensue in the quarters ahead, as the U.S./global economic recoveries strengthen. Overall, revenue should increase 7-9% in FY2010 after a difficult FY2009. The First Call FY2009/FY2010 EPS estimates for UPS are $2.17 to $2.70. Continue reading UPS: A classic economic recovery play UPS: A classic economic recovery play originally appeared on BloggingStocks on Wed, 28 Oct 2009 16:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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