CA - United Parcel Service: Buying Shares While It Is On The 'Operating Table'
2024-06-11 21:10:29 ET
Summary
- UPS is implementing automation and consolidation initiatives to boost productivity and counter wage inflation and volume declines.
- Investors are understandably nervous, but we believe this has created a good buying opportunity.
- Despite current challenges, there are signs that UPS's competitive moat remains strong, and shares look attractively priced if management delivers on its targets.
United Parcel Service: Buying Shares While It Is On The 'Operating Table'The best thing that happens to us is when a great company gets into temporary trouble... We want to buy them when they're on the operating table. - Warren Buffett