United Parcel Service: Great Company, Overpriced Stock - Seeking Alpha
Summary
Summary
- United Parcel Service is an intriguing company. It services a growing market and it generates a spectacular level of operating profit for the level of capital employed.
- Our concern is the fact that shares are overvalued by about 27% in our view.
- This is a wonderful company, but there's more downside than upside priced in the shares at the moment.