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The Latest UPS Headlines
UPS Stock Could Move After a Presentation. Investors Should Expect Good News.
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<blockquote data-quote="cheryl" data-source="post: 4888662" data-attributes="member: 1"><p><strong>UPS Stock Could Move After a Presentation. Investors Should Expect Good News. - Barron's</strong></p><p></p><p>United Parcel Service stock has had an incredible run over the past 15 months. Logistics expertise proved to be incredibly valuable during pandemic. As a result, sales and earnings have exploded at the century-old delivery giant. The company will make a presentation Wednesday to discuss its future. Given the changes in the economy, investors should like what they hear.</p><p></p><p>UPS (ticker: UPS) stock is up about 26% year to date, better than comparable gains of the S&P 500 and Dow Jones Industrial Average. What’s more, shares have been rising in chucks as the company has consistently blown away Wall Street earnings expectations. UPS stock jumped 14% after the shipper beat second-quarter 2020 earnings expectations by roughly 100%. Shares jumped another 10% after the company blew away first-quarter 2021 earnings expectations by roughly 60%.</p><p></p><p>Adding it all up, UPS stock is up more than 110% from a 52-week intraday low, and is sitting just below a record high.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4888662, member: 1"] [B]UPS Stock Could Move After a Presentation. Investors Should Expect Good News. - Barron's[/B] United Parcel Service stock has had an incredible run over the past 15 months. Logistics expertise proved to be incredibly valuable during pandemic. As a result, sales and earnings have exploded at the century-old delivery giant. The company will make a presentation Wednesday to discuss its future. Given the changes in the economy, investors should like what they hear. UPS (ticker: UPS) stock is up about 26% year to date, better than comparable gains of the S&P 500 and Dow Jones Industrial Average. What’s more, shares have been rising in chucks as the company has consistently blown away Wall Street earnings expectations. UPS stock jumped 14% after the shipper beat second-quarter 2020 earnings expectations by roughly 100%. Shares jumped another 10% after the company blew away first-quarter 2021 earnings expectations by roughly 60%. Adding it all up, UPS stock is up more than 110% from a 52-week intraday low, and is sitting just below a record high. [/QUOTE]
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