2024-07-26 12:05:29 ET
Summary
- Earnings season presents bargain hunting opportunities for value investors.
- UPS stock price dropped 12% after Q2 earnings release, presenting a potential buying opportunity.
- UPS's strategic initiatives, strong balance sheet, and dividend yield make it an attractive investment for patient value investors.
Earnings season can be a fantastic time to go bargain hunting, especially on stocks that one has been eyeing for quite some time. What makes this time great for value investors is the “sell first, ask questions later” mentality of Wall Street, based on a short-term mindset in which one risks missing the forest for the trees....
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UPS Is A Great Bargain With 5.1% Yield