For all the Q4/annual numbers that UPS released yesterday, chart its stock against the S&P 500 and the Dow Jones Transportation Average over several time periods from early 2021, and the current narrative appears in all its splendour.

(Two-year performances, ex-yield from dividends: UPS reads +19.5% versus DJTA + 17.1%; S&P 500 +8.2%. Other shorter term trends are revealing. More broadly: “As goes January, so goes the year?” Let’s hope so, but I digress.)

CEO Carol Tomé is the investors’ insurance policy on ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.