UPS Delivers ... Oh, Never Mind - Motley Fool
I recently argued that UPS will turn out to be the best performing stock in 2010. More than 1,700 of you cast votes agreeing with me, making (in the first round of voting, at least) UPS the most popular pick out of a field of 13 lucky contenders. (AAPL) eventually took the prize, narrowly beating out Silver Wheaton (SLW).
UPS bulls will tell you that the reasons to own this company are its record in innovation; its leveraging of supply-chain expertise through its logistics business; and its flanking attack on FedEx and Staples (SPLS) with the new online printing venture. And, of course, there's its use of "mobile shipping" as described in its ballyhooed references to the iPod, iPhone, and Research In Motion's (Nasdaq: RIMM) BlackBerry in this week's release.
As for me, I'm just impressed with UPS's handling of the basics: Keeping costs down. Leveraging revenue growth over fixed costs. Getting the margins moving back up. Block and tackle, UPS. Block and tackle.
I recently argued that UPS will turn out to be the best performing stock in 2010. More than 1,700 of you cast votes agreeing with me, making (in the first round of voting, at least) UPS the most popular pick out of a field of 13 lucky contenders. (AAPL) eventually took the prize, narrowly beating out Silver Wheaton (SLW).
UPS bulls will tell you that the reasons to own this company are its record in innovation; its leveraging of supply-chain expertise through its logistics business; and its flanking attack on FedEx and Staples (SPLS) with the new online printing venture. And, of course, there's its use of "mobile shipping" as described in its ballyhooed references to the iPod, iPhone, and Research In Motion's (Nasdaq: RIMM) BlackBerry in this week's release.
As for me, I'm just impressed with UPS's handling of the basics: Keeping costs down. Leveraging revenue growth over fixed costs. Getting the margins moving back up. Block and tackle, UPS. Block and tackle.