| | Throughout this week, stocks across the market were down. Experts agree that the slide was a result of Covid cases increasing across the country, combined with a decreased hope for a second stimulus package. | While it's hard to look at the stock tickers this week, here are three stocks that are currently poised to end the week on a high note. | United Parcel Service (UPS) | While the United Parcel Service was down at the beginning of the week, the stock has experienced a bounce back, as the package delivery service reported third-quarter profit and revenue that rose above expectations. | In the past year, UPS' net income has increased from $1.75 billion, or $2.01 a share, to $1.96 billion, or $2.24 a share. However, the growth doesn't really come as a surprise, as people have become more accustomed to online shopping in the covid era. As a result, more packages are being shipped out across the country and shipping services are in demand. | Dunkin' Donuts (DNKN) | On Monday, while stocks across the market were dropping, Dunkin' (better known as Dunkin' Donuts) stock spiked up a shocking 15%! | Before the markets opened, the public received news that Inspire Brands was looking to acquire the on-the-go coffee company. For those that don't know, Aspire Brands is a restaurant company that owns Arby's, Buffalo Wild Wings, and Jimmy John's. | While these talks are still in the preliminary stages, investors are still excited at the prospect of a Dunkin' acquisition as stocks broke $100 and have managed to stay in that price range throughout the week. | General Electric (GE) | On Wednesday, shares of GE jumped after the company reported positive cash flow, better than expected earnings and a gain of six cents per share. It was a sharp contrast from analysts that were predicting a loss of four cents per share. | While shares are still down year-to-date, The company remains hopeful that they will recover. The Board at General Electric expects GE free cash flow from industrial businesses to be at least $2.5 billion in the fourth quarter and positive in 2021. | | | | | | | | | Tips4Traders | For more awesome tips, news and information, visit our site...Register now | | | | | |
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