My Top High-Yield Dividend Stock to Buy for 2024
Given its torrid growth in 2020 and 2021, it's hard to believe that United Parcel Service (NYSE: UPS) stock is down over the past three years. But fundamentals have been declining. And there are questions about whether the company's margin expansion is sustainable or if it was just a result of a pandemic-induced boost.
UPS is in for a challenging 2024. Even so, it stands out as my top high-yield dividend stock to buy next year. Here's why.
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Source Fool.com
United Parcel Service Inc. Stock
€136.74
-0.360%
We see a rather positive sentiment for United Parcel Service Inc. with 13 Buy predictions and 1 Sell predictions.
With a target price of 162 € there is a slightly positive potential of 18.47% for United Parcel Service Inc. compared to the current price of 136.74 €.
