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United Parcel Service (UPS): A Bull Case Theory

We came across a bullish thesis on United Parcel Service on Pellom Value Investments's Substack by Tyler Pellom. As of 1st July, United Parcel Service's share was trading at $104.74. UPS's trailing and forward P/E were 15.25 and 14.64 respectively according to Yahoo Finance.

[caption id="attachment_384315" align="aligncenter" width="750"] Leonard Zhukovsky / Shutterstock.com[/caption]

United Parcel Service (UPS) has been undergoing a strategic shift under CEO Carol Tomé, dubbed 'Better, Not Bigger', focusing on improving the quality of the business and returns generated, rather than...