10 Century-Old Blue Chip Stocks Still Earning Their Keep
Investor takeaway: Its shares are up 6.9% this year and have a three-year, average annual return of 17%. Over 10 years, its annual return is 5%. Analysts give its shares 10 "buy" ratings, five "buy/holds," and eight "holds," according to a survey of analysts by S&P. S&P has it rated "strong buy" with an $87 price target, a 19% premium to its current price. Analysts estimate it will earn $4.08 per share this year and $4.47 next year. The stock (and the beverage) is a Warren Buffett favorite.
1. United Parcel Service(UPS)
Company profile: UPS, founded 105 years ago, now has a market value of $73 billion, delivering about 16 million packages daily worldwide. It has a fleet of more than 500 planes and 100,000 vehicles.
Dividend Yield: 3.02%
Investor takeaway: Its shares are up 4.7% this year and have a three-year, average annual return of 16%. Analysts give its shares 12 "buy" ratings, five "buy/holds," and seven "holds," according to a survey of analysts by S&P. UPS has consistently increased revenue and operating profit during the last decade.
Analysts estimate it will earn $4.84 per share this year and $5.53 next, which is 14% growth. S&P has it rated "buy," with a $95 price target, almost a 30% premium to the current price.
>>To see these stocks in action, visit the 10 Century-Old Blue Chip Stocks Still Earning Their Keep portfolio on Stockpickr.