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UPS Discussions
UPS Q1 2024 Earnings Report - it's that time again.
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<blockquote data-quote="textat3" data-source="post: 5891604" data-attributes="member: 12849"><p>This is not a stock to own, for any reason except the dividend. Owning UPS stock for the sole purpose of the 5% employee discount, which used to be a 10% discount, is not a compelling reason. You can make 5%….or slightly more in a CD these days. This company will be lucky to be around in 10 years. We are a dying breed. The contractor model is where the profits are. Paying high school educated individuals who don’t possess a professional license of any sort, except the Feeder guys, 120k plus a year along with paying an 80 year old CEO 30 million a year who believes better not bigger is supposed to get Wall Street excited about us……no bueno….muy mal. Seriously if you must own a transport stock, own Fedex. You want to work for a union company, not own their stock.</p></blockquote><p></p>
[QUOTE="textat3, post: 5891604, member: 12849"] This is not a stock to own, for any reason except the dividend. Owning UPS stock for the sole purpose of the 5% employee discount, which used to be a 10% discount, is not a compelling reason. You can make 5%….or slightly more in a CD these days. This company will be lucky to be around in 10 years. We are a dying breed. The contractor model is where the profits are. Paying high school educated individuals who don’t possess a professional license of any sort, except the Feeder guys, 120k plus a year along with paying an 80 year old CEO 30 million a year who believes better not bigger is supposed to get Wall Street excited about us……no bueno….muy mal. Seriously if you must own a transport stock, own Fedex. You want to work for a union company, not own their stock. [/QUOTE]
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UPS Q1 2024 Earnings Report - it's that time again.
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