Should You Buy United Parcel Service While It's Below $120?
United Parcel Service (NYSE: UPS) offered investors good news when it reported fourth-quarter 2024 earnings in late January. It also provided investors with news that could easily be seen as bad. But if you step back from that bad news, you'll see that UPS, as the company is normally called, is actually willing to take some near-term pain to provide a long-term benefit to the business. Here's why UPS is worth buying as it sits below $120 per share.If you see a large brown delivery truck, you probably know what company it represents. The same is true if you see a delivery person in a crisp brown suit. While UPS doesn't have any kind of ownership on the color brown, it most certainly is associated closely with the mundane hue. There's a reason for that: UPS's trucks and delivery people are ubiquitous throughout the United States. That speaks to the breadth of its pickup and delivery network.Image source: Getty Images.Continue reading
United Parcel Service (NYSE: UPS) offered investors good news when it reported fourth-quarter 2024 earnings in late January. It also provided investors with news that could easily be seen as bad. But if you step back from that bad news, you'll see that UPS, as the company is normally called, is actually willing to take some near-term pain to provide a long-term benefit to the business. Here's why UPS is worth buying as it sits below $120 per share.
If you see a large brown delivery truck, you probably know what company it represents. The same is true if you see a delivery person in a crisp brown suit. While UPS doesn't have any kind of ownership on the color brown, it most certainly is associated closely with the mundane hue. There's a reason for that: UPS's trucks and delivery people are ubiquitous throughout the United States. That speaks to the breadth of its pickup and delivery network.
Image source: Getty Images.
