matt shapiro, president of mws capital, joins us this morning for chart talk. d morning matt. > > morning angie. > > you bring us a power stock today. what is your play? > > integrys energy, it's the chicago regulated utility in this region, supplies natural gas; and yesterday, they came and bought a power plant up in wisconsin for $440 million. the stock absolutely took off, and now it's trading at about $54. pays a 5% dividend. and a lot of these utilities have kind of backed off in the last couple of months. it's a good time to get into some of them. > > so traders are taking their profits on these stocks. will they be forced to get in during the fourth quarter do you think? > > i think so, because investors out there are facing, you know, you're not getting anything in the bank, so you can get into some of these utility stocks that pay 4 to 5%. now they have backed down some from their highs, because the price of electricity is falling along with natural gas. so, many production assets. however, teg, integrys energy, did not. it's a regulated utility. does a

that's matt shapiro, president of mws capital. thank you matt. > > you're welcome.t closes out our day. there's so much more happening on our show tomorrow. the director of the documentary "as goes janesville" joins us. he'll have a behind-the-scenes look at the wisconsin town that has gone from gm bust to bailout. from all of us at first business, have a great tuesday! . >>> president barack obama wrapped up his final visit to the bay area when he spoke to more than 10,000 people who attended his speech last night. >>> a woman brutally murdered in her home. >>> report her penn state assistant coach jerry sandusky had a statement he released from jail. >>> and sheriff ross mirkarimi learns his fate as the board of supervisors get ready to vote on whether he keeps his job. it is all ahead right here on ktvu channel 2 morning news. >>> good morning thank you for joining us this tuesday morning october 9th, i wonder what the weather will be like. steve paulson knows exactly how it will be. >>> that is the key, it looks like it will stay right off the key, inland temper

matt shapiro, president of mws capital, joins us now for a closer look at the stock. and this is one of your long-term holdings, correct? > > it is. the stock has traded down. if anyone looks at the chart, it was up over $40, near an all-time high. back down to $38. this for me is a little bit of an entry point. we'll see what this earnings number is. the whisper number is about 53¢ a share, $2.2 billion or so in profits. > > knowing that you're so positive on this stock, would you buy then at current levels, or will you wait until the dust settles after the earnings number has been out for a couple of days? > > well, we will definitely get a guide of where it is, but i am very comfortable with the stock here angie, in terms of its profitability. it has a great dividend. remember, this was the go-to stock during the '80s and '90s. it went up 10 times over, and now it's sort of slumbered over the past decade. but, i think there's such demand for these all-american - of course coke is - all-american growth names, that if you just get a little pullback, they become sort

thank you for your time today matt shapiro of mws capital. that's does it for today. coming up tomorrow -- with consumers set to spend $2.4 billion dollars on candy alone for halloween -- we'll have a sweet look at trading sugar. from all of us at first business ... have a great tuesday and to our viewers along the east coast are . >>> airport officials say the impact could lessen later today. >>> now on san francisco giants, the big welcome they received, the big preparations are underway for tomorrow's big parade. >>> thank you for joining us, i am pam cook, chilly weather. >>> we have some fog and yesterday it was thicker in spots and we have a system with highs some 70s and 60s, here is sal. >>> traffic is doing pretty well around the bay area, we don't have a lot going on and i want to show you some pictures. there are a few things we can

find out next. ñçbÑ last but never least on our show, matt shapiro, bringing up the tail of the show talk about ups. earnings are coming out today. what's your update on this stock? this is a stock that you actually favor. > > yes, and bringinup the tail is right. ups has been a dog for quite a while. and people who watch this show know me - ups is one of my biggest holdings. so, people say, "matt, why do you like ups?" and all i have to say, you know, there's rocks in every garden. ups had a bad earnings report last quarter. expectations are low - at $1.06 a share. but they've missed by 2¢ each of the last two quarters, so we'll have to see, angie, if a little bit of the summer concerns led to a little bit of a shipping slowdown in this quarter, and what their outlook is. remember, yesterday fedex was much more upbeat about its outlook going into the end of the year. > > all right. every once in a while you have to see some rain to see that rainbow. sometimes it's good to buy a stock when it's out of favor. so would you buy more shares at this current level, or are you just going to