Reported 1 day ago
Jim Cramer expressed concerns regarding United Parcel Service's (UPS) high dividend yield of 7.8%, suggesting it may not be sustainable and reflecting broader issues within the stock market. He noted that UPS's stock has dropped 33% this year, associating high yields with troubled companies and indicating skepticism about trust in their dividends. While Cramer acknowledges UPS's investment potential, he believes that certain AI stocks might offer better growth with less risk.
Source: YAHOO