Could investing $10,000 in United Parcel Service (UPS) stock make you a millionaire?
UPS, a major shipping company, went public in 1999 at $50 per share. A $10,000 investment then would have grown to $38,576, but now it trades around $100, reducing that investment to about $20,000. Despite past growth, UPS faces challenges from competition and economic factors. Analysts predict a decline in revenue and EPS for 2025, but expect growth from 2025 to 2027. While UPS stock may not generate millionaire-making gains, it could stabilize as a reliable blue chip stock for long-term investors.
Source: MSN The copyright of this article belongs to the original author/organization.
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