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UPS Is Still a Good Long-Term Bet Despite Holiday Blues

2015-02-04 05:19:42| Air Courier - Topix.net

NEW YORK -- Investors who are looking for a beaten-down company with upside may want to consider United Parcel Service , the giant delivery company which earlier Tuesday reported a 61% drop in its fourth-quarter profit, largely on higher expenses. The stock -- which was recently trading at $99.68, down 45 cents -- is down 10% year to date, trailing the broader market.

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