TheStreet’s Trifecta Stocks Fund has added UPS (UPS) to its holdings ahead of an expected increase in online holiday shopping season, buying 101 shares at $103.20 each. The new holding accounts for just over 3% of the portfolio. According to Trifecta Stocks’ fundamental analyst Chris Versace, UPS is expected to complete about 10% more deliveries this year compared to last year, due in part to its strong relationship with Amazon (AMZN) and other vendors. Versace said another way Trifecta is playing the holding shopping season is by holding shares of MasterCard (MA), so that the fund benefits from both the shipping and payment of goods.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
