Friday, January 14, 2011

Airline woes won't ground UAL value

Q-My wife and I are retirees and have been holding 50 shares of UAL Inc. for some time. Do you think we should sell this stock? Hold your shares of UAL Inc. (around $100.25 a share, New York Stock Exchange), the holding company for United Airlines, because, no matter what happens with the economy, it will remain a global carrier with an excellent reputation, said Julius Maldutis, analyst with Salomon Brothers. Buy shares of W.R. Grace Co. (around $24.87, NYSE), the chemical, energy and consumer products firm, because of its 7 percent yield, reasonable price and lack of downside risk, said Stuart Pulvirent, analyst with Shearson Lehman Brothers.

Full text: Chicago Tribune (pre-1997 Fulltext), Dec 24, 1990

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