UPS: Falling knife or buying opportunity?

Personally I bought some under $100 and will continue building a small position until it goes above that level. It’s not a high conviction one for me but definitely feels like an asymmetrical opportunity

Feels like decent value in this market. I think you know what you are signing up for..

However not sure where the growth comes from moving forward.. Small price increases over time should be fine, but the stock is priced for this low growth. However at that yield it's still a good deal and decent defensive play

I lack conviction specifically because of the dividend. Its sustainability is questionable, and if it’s cut it’s going to get ugly.

On the bright side competition is limited. And the negative side one competitor has the luxury of non unionized labor, and the other isn’t constrained by economic’s and profits.

On the other hand UPS has grand visions of automation, that can’t be implemented while blowing out that 6% divvy.

They’re also started saber rattling with the teamsters less than a year after the labor. agreement.

the 3 year chart doesnt look good at all

Their dumbass CEO is destroying that company.

Union wages and benefits are kicking their arse.
You can only charge so much to deliver a package.
It's a hard pass for me.

Amazon is delivering their own stuff, I haven’t had an Amazon package delivered by UPS in a year.

FedEx dumped Amazon for the same reason last year. UPS’s predicament is not only did they agree with the union to increase full time positions last year, but now they’re trying to shutdown facilities they no longer need, and are offering buyouts to old timers to replace them with new hires.

I wouldn't touch UPS.

Is Amazon building their fleet to replace UPS over time? I feel like they are. Started out just for their products but they are already in a neighborhoods everyday, why not deliver other packages?