Reported about 2 months ago
United Parcel Service (UPS) shares have plummeted 45% since early 2022, primarily due to declining revenue and earnings influenced by post-pandemic norms and rising costs. Despite these challenges, recent signs from UPS indicate potential growth, with increased U.S. shipping volumes and a recommencement of stock buybacks. Analysts foresee a turnaround in earnings, making this a compelling buying opportunity for investors looking for high-yield dividends.
Source: YAHOO