14.01.2025 13:04:00
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The Ultimate High-Yield Industrial Turnaround Stock to Buy With $500 Right Now
According to the CEO of United Parcel Service (NYSE: UPS), the bottom is in. That's great news if you are looking for a turnaround stock. Add in UPS' attractive 5.2% dividend yield and there's even more to like about the shipping company's story. Here's why UPS could be the ultimate high-yield turnaround you can buy right now in the industrial space if you have $500, or more, to play with.To keep things simple, UPS is a shipping company. Its brown trucks and brown uniformed employees are recognizable on sight and are fairly ubiquitous in urban areas. The company's real strength lies in its logistics prowess, which allows it to quickly deliver packages from one place to another at a reasonable cost.The package can be a one-off item, like a person sending a gift to a loved one, or bulk in nature, such as packages being sent out by a clothing company from a distribution center. It doesn't matter, UPS can get it on a truck or a plane and get it to where it needs to go.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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