Dec 23, 2024
 in 
Hot Stocks 🔥

UPS Is Up 2.47%, Should You Buy? | Nemo

Name of opportunity: 👀

United Parcel Service, Inc

On the rise ⬆️

UPS have seen an increase in price in the past day, going up by 2.47%. This stock is an income stock, meaning it pays a portion of its profits out to shareholders through dividends, which is appealing to investors. United Parcel Service offers a dividend yield of 4.98%, meaning if you invested $1000, you might be paid $49.80 a year in dividends (based on the last 12 months).

Analysts are currently recommending this stock as a ‘buy’, which means it might be a good addition to your portfolio.

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of United Parcel Service, Inc. might increase from $125.68 to $158.68 in the next 12 months. If you invested $1000, you might profit $262.60.

UPS has an attractive dividend yield, and is currently said to have strong revenue and cash flow. Analysts are currently calling this stock a ‘buy’ and prices are predicted to rise over the next 12 months. For these reasons, United Parcel Service might be a great investment choice.

UPS is a Fortune 500 company, which tends to appeal to investors as it showcases some stability. Additionally, with many people ordering their Christmas presents online, this time of year might be particularly good for delivery service companies such as UPS.

Leading shipping and logistics services 📦

UPS is an American multinational shipping company that also specialises in supply chain management. The company is headquartered in Atlanta, Georgia, United States. UPS is one of the largest shipping couriers, and is also a Fortune 500 company.

Which neme?: 🔍

7 Stocks With Dual Potential’, ‘Female Leaders

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.