UPS stock looks attractive after a selloff as the package-delivery leader works to cut costs and boost profits. Investors reap a 4.4% dividend yield while waiting for the rebound.
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But there is only so much any shipping company can do when demand for its services is low. UPS has a bright long-term future, but patience will be required for those who buy in now. Lou Whiteman ...
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But could it be a good stock to buy and hold again ... around 330,000 UPS workers, nearly went on strike last year, and the resulting fears drove many customers to ship their goods through FedEx ...