Should You Buy UPS While It's Below $140?

The package delivery company is in recovery mode in 2024.It's been a challenging year for UPS (UPS 0.56%) and its shareholders. The stock is down more than 21% over the last year and down 14% in 2024 as the company continues to face declining delivery volumes and challenging comparisons with previous periods due to elevated costs, including higher labor costs, resulting from a new contract agreed to last year. Still, stocks are often a great value when companies build a recovery from a seemingly difficult p ...