UPS Is Looking Like a Good Value Again

The varying fortunes of UPS (NYSE: UPS) and FedEx (NYSE: FDX) continued into the current quarter's earnings. Whereas FedEx opened is fiscal first-quarter of 2020 by promptly cutting full-year guidance and blaming the economy for the bulk of the reduction in its profit outlook, UPS reported another quarter of strong earnings growth. In short, FedEx has somewhat lost its way in the last year or so, while UPS's latest results are demonstrating good progress on its transformation.

For the first time in a while, UPS is starting to look like an attractive investment.

Image source: Getty Images

Continue reading

Source Fool.com