SA: UPS – the fall is not over

© Alexey Novikov

SEEKING ALPHA’s JR Research reports:

– UPS stock has outperformed the market year-to-date, given its defensive profile. It also performed remarkably for its investors over the past five years.

– However, we believe UPS could significantly underperform moving forward. Its growth is expected to normalize, despite having robust margins.

– Our price action analysis indicates caution is warranted. We posit the market is setting up a potential bull trap after it completes its current consolidation phase.

– We rate UPS a Sell. We urge investors ...