United Parcel Service: I See Persisting Profit Pressure Ahead

100pk UPS stock: competition and shipping volume pressure United Parcel Service, Inc. (NYSE:UPS) has been facing substantial operating and competition pressure lately. As a result, in 2023 alone, its top line dropped almost 8% year-over-year and earnings dropped even more. Looking ahead, I see such pressure to persist. Yet, as to be detailed next, the stock is not trading at an obvious valuation discount in my view. Therefore, I expect an uninspiring return potential from the stock in the next 2~3 years ...