Sometimes, the best market-beating businesses aren't flashy paradigm-shifting growth companies. Instead, they are easy-to-understand businesses that are really good at what they do. Take United Parcel Service (NYSE: UPS) for example.
UPS thrived during the height of the pandemic as more people ordered packages to their doors instead of shopping in person. It sustained that momentum in 2021 as economies reopened around the world, leaning into demand for package deliveries in the healthcare industry and fueling the ongoing growth of e-commerce. Here are three reasons why UPS continues to do well and why its stock is a great buy even at its all-time high.
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