This Brilliant High-Yield Industrial Stock Is Down 50%. Buy It Before It Sets a New All-Time High.
United Parcel Service (NYSE: UPS), more commonly called UPS, is one of the largest logistics companies on the planet. Despite the increasing need for its services in a world that is more digitally driven than ever, the stock has fallen 50% from highs in 2022. With a 5.6% dividend yield and a business that appears to finally be working from a position of strength, now is the time to consider adding this income stock to your portfolio.UPS basically just moves packages from one place to another. That sounds so simple, but it is an incredibly complex process that requires a huge investment in a distribution network. This includes everything from the employees who hand you a package, to the truck they drive, to the sorting facility that the trucks come out of, to the airplanes and trucks that carried the package to the facility from another one.And that doesn't even take into consideration the computer systems and automated sorting assets that track the package all along the way, ensuring that it gets safely to where it was meant to go in a cost-effective manner.Continue reading
United Parcel Service (NYSE: UPS), more commonly called UPS, is one of the largest logistics companies on the planet. Despite the increasing need for its services in a world that is more digitally driven than ever, the stock has fallen 50% from highs in 2022. With a 5.6% dividend yield and a business that appears to finally be working from a position of strength, now is the time to consider adding this income stock to your portfolio.
UPS basically just moves packages from one place to another. That sounds so simple, but it is an incredibly complex process that requires a huge investment in a distribution network. This includes everything from the employees who hand you a package, to the truck they drive, to the sorting facility that the trucks come out of, to the airplanes and trucks that carried the package to the facility from another one.
And that doesn't even take into consideration the computer systems and automated sorting assets that track the package all along the way, ensuring that it gets safely to where it was meant to go in a cost-effective manner.
