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Today in Class:
- UPS (Jeff Sowell): Recommended to buy 300 shares. UPS has very strong market share versus its competitors, it is well diversified, and has a hold in international markets. The debt is staggered over the years so it is not overwhelming to UPS’s operations. The SMIF portfolio is currently underweight in industrials and UPS has outperformed the S&P 500 for the previous five years. UPS also offers a dividend which can hedge against volatility. The class decided to buy 300 shares of UPS with a limit order set at $62.51.
Access the full minutes here: 09-29