Should You Buy United Parcel Service (UPS) Stock While It's Below $185?

United Parcel Service's (NYSE: UPS) stock closed at an all-time high of $206.37 per share on Feb. 2, 2022. At the time, many investors were impressed by its stable growth, wide moat, and rising shipments for e-commerce platforms.However, after setting that record high, UPS's stock price pulled back nearly 40% to about $125. It dropped as it lapped its pandemic-driven growth spurt in deliveries in 2021, struggled with higher fuel and labor costs, and lost customers as it dealt with tense union negotiations that nearly sparked a strike in 2023. Rising interest rates also chilled the economy while also making its dividend-paying shares less appealing than fixed-income investments.Image source: UPS.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool