If You Invested $1,000 in UPS in 2013, This Is How Much You Would Have Today
The answer is $2,200. While more than doubling your money might seem like a good result (it's close to $3,000 if dividends were reinvested), the performance of UPS (NYSE: UPS) and its rival FedEx (NYSE: FDX) lagged the S&P 500 over the period. That said, I think there's good reason to believe UPS will outperform the market over the next decade. Here's why.
There are two key reasons:
To gauge the success of UPS' transformational strategy (launched in 2018), it's a good idea to look at the stock's performance on a three-, five-, and 10-year basis versus the S&P 500 and FedEx. I've stuck to the theme of investing $1,000 at the start of each period. As you can see below, UPS has notably outperformed the S&P 500 and FedEx over the last three years and held its ground versus the index in the previous five years.
Source Fool.com
