In 10 Years, Will You Wish You'd Bought This Industrial Stock Right Now?
Turnaround stories can be hard to buy into, but this one looks like it is about to turn a corner higher.
In 10 Years, Will You Wish You'd Bought This Industrial Stock Right Now?
Overview
United Parcel Service (NYSE: UPS) is a package delivery service. That sounds like a simple business, but it is logistically complex and requires huge capital investments. That said, moving packages around the world is vital to the global economy. UPS is an industry leader today and is likely to remain one for the next 10 years and beyond. Which is why now, while the stock is deeply unloved, could be a good time to buy stock.
UPS' revenues have been falling, and its costs have been rising. That's a terrible trend for earnings, which have been pretty ugly. However, there's a good reason for what's happening on this industrial giant's income statement: UPS is in the middle of a major corporate overhaul. It is attempting to become a leaner and more profitable operation.
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Originally published at www.fool.com.
