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
€88.04
0.300%
Currently there is a rather positive sentiment for United Parcel Service Inc. with 39 Buy predictions and 5 Sell predictions.
As a result the target price of 102 € shows a slightly positive potential of 15.86% compared to the current price of 88.04 € for United Parcel Service Inc..
