Buy UPS on a Dip?
The market was left unimpressed by the second-quarter earnings from UPS (NYSE: UPS), and the stock is now down around 10% from its all-time peak in early May. So is now the time to take advantage of a dip and buy into a long-term growth story? Here's what you need to know before buying UPS stock.
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It comes down to one key metric that investors have been focusing on in recent years: the company's U.S. domestic package operating margin. Unfortunately, investors were left disappointed by management's guidance for it to be lower (around 9.2%) in the second half than the 11% reported in the first half.
Source Fool.com
