Reported about 2 months ago
Billionaire hedge fund manager David Tepper bought 5,000 shares of United Parcel Service (UPS) in Q2 2024, increasing his stake, while he sold nearly 10.9% of his shares in Energy Transfer. Tepper's decision seems to reflect a shift toward UPS amid its potential recovery, even as both stocks offer attractive dividend yields. Analysts suggest UPS is a worthy investment for income seekers, while Energy Transfer remains appealing due to its growth and valuation.
Source: YAHOO