Chart of Day: Further Upside for this Shipping Stock?

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. On October 10, we noted, “Keep an eye on UPS. After pulling back from about $137 to $130.96, it appears to have caught strong support. Plus, as noted by analysts at Citi, the dip is a buy opportunity. With a yield of about 5% and the holidays just around the corner, UPS could see a good deal of upside from its current price of $130.96.” From $130.96, UPS is now up to $141.95 on earnings. EPS of $1.76 beat by 14 cents. Revenue of $22.2 billion, up 5.4% year over year, beat by $70 million. “After a challenging 18-month period, our company returned to revenue and profit growth,” said Carol Tomé, UPS chief executive officer. “Peak season is nearly upon us, and we are ready to deliver another successful holiday season and continue the progress we demonstrated in the third quarter.” Moving forward, the company does expect full-year consolidated revenue to be about $91.1 billion, as compared to estimates of $91.9 billion It also said it sees dividend payments of around $4 billion for the year, subject to board approval. Did you miss yesterday's Chart of the Day? Click here to view it now. DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264 Daily Guru Trades Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. 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