Buy the Dip on This Logistics Leader Before Its Next Leg of Compounding Growth Kicks In
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UPS (NYSE: UPS) has experienced quite a dip in recent years. Shares of the global logistics giant are currently down more than 50% from their peak a few years ago. As a result, its dividend yield has skyrocketed to 6.5%. It has battled a barrage of headwinds, including high labor costs, tariffs, weaker market conditions, and a strategic decision to reduce its reliance on its top customer, Amazon. However, while shares of UPS are down, the logistics leader appears to be right on the cusp of turning things around. That makes now a great time to buy the dip before a reacceleration begins.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool