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.
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
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For further details see:
United Parcel Service: Buying Shares While It Is On The 'Operating Table'