Is UPS a Millionaire-Maker Stock?
(NYSE: UPS), one of the world's top shipping couriers, hasn't generated millionaire-making gains since its public debut on Nov. 10, 1999, at $50 per share. It trades at about $85 today, so a $10,000 investment in its IPO would have grown to roughly $17,000. The same investment in an S 500 index fund would be worth more than $48,000.
UPS underperformed the market as competition, macro challenges, and labor issues throttled its growth and squeezed its margins. But could it stabilize its business and generate millionaire-making gains over the next few years?
Image source: UPS.
Source Fool.com
United Parcel Service Inc. Stock
€87.80
-0.320%
With 27 Buy predictions and 4 Sell predictions United Parcel Service Inc. is one of the favorites of our community.
As a result the target price of 102 € shows a slightly positive potential of 16.17% compared to the current price of 87.8 € for United Parcel Service Inc..
