Subject: UPS
UPS has been on my watchlist for a while. It has had a rough few quarters, with an expensive union contract renewal and losing some Amazon business. And any reduction in global trade or recession will also hit it hard. Even with Amazon insourcing more logistics and delivery, UPS has few competitors, both Fedex and USPS are even worse off.

UPS now trading at FWD PE of 12 and dividend yield close to 7%. Earnings estimates may not reflect downside from tariffs. Even with slow/ negative growth for next couple of years, it should yield decent 3-5 year returns. Dividend is probably safe and way better than money markets.

What do you think?