UPS After Earnings: Bull Case or ‘Wait and See’?
Schwab Network · Schwab Network
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Show Notes
Ed Butowsky and Craig Warnimont break down UPS (UPS) earnings. The company said it would cut 48K jobs in management and operations and it’s setting up for its best holiday season. Craig thinks investors will “wait and see” on UPS shares until it starts showing growth again. “If they can’t trust that the P/E isn’t shrinking,” they won’t see a good entry point, he explains. Ed, on the other hand, says if you believe in the U.S., you have to believe in UPS because it is at the “forefront” of shipping.
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