Key Highlights
- 10 stocks we like better than United Parcel Service › UPS (NYSE: UPS) has experienced quite a dip in recent years.
- Shares of the global logistics giant are currently down more than 50% from their peak a few years ago.
- As a result, its dividend yield has skyrocketed to 6.5%.
- It has battled a barrage of headwinds, including high labor costs, tariffs, weaker market conditions, and a strategic decision to reduce its reliance on its top customer, Amazon.
- However, while shares of UPS are down, the logistics leader appears to be right on the cusp of turning things around.
