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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: robert b furman who wrote (31923)7/29/2021 1:10:23 PM
From: ajtj991 Recommendation   of 97639
 
Hi Robert. The UPS earnings were great, but their growth in the US was "only" 10%:

news.yahoo.com

UPS is almost a 2-bagger off the 2019 highs, so it's not doing too bad. The stock is likely getting hit as more spending moves to services and more people go back to buying brick and mortar. The stock peaked during the spring Covid-19 surge, so it was bound to come back to earth.

UPS has performed very much in line with FDX since the 2019 highs as they both have been adapting to the AMZN switch to their own carriers and the logistics of the pandemic world.
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