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
€89.22
0.070%
Our community is currently high on United Parcel Service Inc. with 39 Buy predictions and 5 Sell predictions.
With a target price of 102 € there is a slightly positive potential of 14.32% for United Parcel Service Inc. compared to the current price of 89.22 €.
