Filed under: United Parcel’B’ (UPS) , Stocks to Buy After meandering for much of 2009, United Parcel Services’ ( UPS ) stock finally broke through resistance, confirming the earlier bullish analysis, and it goes without saying that I’m reiterating my buy rating for the company’s shares, first recommended on April 7, 2009 , at a price of $51.28. The worst is over for the delivery business and better quarters are ahead: increased pricing power, in some delivery segments, and higher volumes will ensue in the quarters ahead, as the U.S./global economic recoveries strengthen.

See the original post:
UPS Is Well-Positioned for the Strengthening Global Economy

This entry was posted on Friday, January 15th, 2010 at 4:20 pm and is filed under Stocks & Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.