<h2>關鍵要點</h2>
<ul>
<li>聯合包裹正在接近一項長期轉型努力的尾聲。</li>
<li>公司告訴投資者，2026 年下半年將是復甦的開始。</li>
<li>我們更看好的 10 只股票超過聯合包裹 ›</li>
</ul>
<p><strong>聯合包裹</strong>（NYSE: UPS）的股票自 2022 年初達到高點以來已下跌 50%。然而，該股票自 2025 年 10 月的低點以來上漲了 30%。市場開始相信公司的轉型計劃正在取得進展。如果你等太久再買，可能會錯失投資機會。</p>
<h2>UPS 對第二季度的預期不高</h2>
<p>在 7 月 15 日之前購買 UPS，應該能在公司公佈第二季度財報之前入場。這些財報預計不會太好。但這並不是重點。關鍵在於 UPS 一直告訴投資者，2026 年上半年將會疲軟，下半年將會更強勁。</p>
<p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg3MjM3NC8yNF8wM18yNS1hLXBlcnNvbi1zdGFuZGluZy13aXRoLWEtdS10dXJuLXNpZ24tb24tdGhlLWdyb3VuZC1pbi1mcm9udC1vZi10aGVtLV9nZXR0eWltYWdlcy0xMDU1OTI0ODkwLTEyMDB4ODAwLTViMmRmNzkuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg3MjM3NC8yNF8wM18yNS1hLXBlcnNvbi1zdGFuZGluZy13aXRoLWEtdS10dXJuLXNpZ24tb24tdGhlLWdyb3VuZC1pbi1mcm9udC1vZi10aGVtLV9nZXR0eWltYWdlcy0xMDU1OTI0ODkwLTEyMDB4ODAwLTViMmRmNzkuanBnJnc9NzAw"/></p>
<p>圖片來源：Getty Images。</p>
<p>換句話説，第二季度末將是一個拐點。這將是工業巨頭的財務業績開始轉變的時刻。已經有重要的進展跡象，美國業務每件收入的穩定增長是公司早期轉型成功的關鍵標誌。</p>
<h2>不是一個好年頭，但方向的重要變化</h2>
<p>公平地説，全年收入可能與 2025 年大致持平，收入和營業利潤率幾乎沒有變化（儘管每件收入預計將持續上升，年末將達到中個位數）。然而，公司相信趨勢將在上半年和下半年之間發生變化。</p>
<p>在 2026 年上半年，預計收入將下降，利潤率仍將承壓。但在下半年，預計收入將開始增長，利潤率改善。公司在 4 月底公佈 2026 年第一季度財報時並沒有實質性改變其觀點。實際上，首席執行官重申，轉型努力仍在軌道上。我相信當公司公佈第二季度財報時會有類似的積極更新。</p>
<h2>更激進的投資者應該考慮現在買入</h2>
<p>風險厭惡型投資者可能不想購買 UPS，因為它正在進行轉型故事。然而，對於更激進的投資者來説，這一轉型似乎即將結束。如果管理層的判斷正確，業務復甦將在下半年到來。股票已經在上漲，但如果你在公司公佈第二季度財報之前採取行動，你仍然可以在華爾街其他人意識到方向變化之前入場。</p>
<h2>你現在應該購買聯合包裹的股票嗎？</h2>
<p>在你購買聯合包裹的股票之前，請考慮以下幾點：</p>
<p><em>Motley Fool Stock Advisor</em> 分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而聯合包裹並不在其中。入選的 10 只股票在未來幾年可能會產生鉅額回報。</p>
<p>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 443,191 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 1,258,838 美元</strong>！*</p>
<p>現在，值得注意的是_Stock Advisor_的總平均回報率為 941%——相比之下，標準普爾 500 指數的回報率為 206%。<strong>不要錯過最新的前 10 名單，加入由個人投資者為個人投資者建立的投資社區，獲取_Stock Advisor_。</strong></p>
<p><strong>查看這 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回報截至 2026 年 6 月 7 日。</em></p>
<p><em>Reuben Gregg Brewer 在提到的任何股票中沒有持倉。Motley Fool 持有並推薦聯合包裹的股票。Motley Fool 有披露政策。</em></p>
<p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc.的觀點。</p>

聯合包裹

<p>這篇文章建議在 UPS 於 7 月 15 日發佈第二季度財報之前購買其股票，認為該公司的長期轉型努力即將完成。儘管預計第二季度的業績將較弱，但管理層表示，增長的拐點將在 2026 年下半年出現。作者建議激進的投資者應立即入場，以便在更廣泛的市場認可之前抓住預期的反彈機會</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>關鍵要點</h2>
</div><ul>
<li>United Parcel Service is nearing the end of a long turnaround effort.</li>
<li>The company is telling investors that the second half of 2026 will be the start of the upturn.</li>
<li>10 stocks we like better than United Parcel Service ›</li>
</ul>
<div class="lb-trans"><ul>
<li>聯合包裹正在接近一項長期轉型努力的尾聲。</li>
<li>公司告訴投資者，2026 年下半年將是復甦的開始。</li>
<li>我們更看好的 10 只股票超過聯合包裹 ›</li>
</ul>
</div><p><strong>United Parcel Service</strong>'s (NYSE: UPS) stock has fallen 50% since hitting a high in early 2022. The stock, however, is up 30% from its lows in Oct. 2025. The market is starting to believe the company's turnaround plan is gaining traction. If you wait too long to buy it, you may miss out on the investment opportunity.</p>
<div class="lb-trans"><p><strong>聯合包裹</strong>（NYSE: UPS）的股票自 2022 年初達到高點以來已下跌 50%。然而，該股票自 2025 年 10 月的低點以來上漲了 30%。市場開始相信公司的轉型計劃正在取得進展。如果你等太久再買，可能會錯失投資機會。</p>
</div><h2>UPS isn't expecting much from the second quarter</h2>
<div class="lb-trans"><h2>UPS 對第二季度的預期不高</h2>
</div><p>Buying UPS before July 15 should get you in before the company reports second-quarter earnings. Those earnings aren't expected to be great reading. But that's not the point. The key here is that UPS has been telling investors that the first half of 2026 would be weak, with the second half coming in stronger.</p>
<div class="lb-trans"><p>在 7 月 15 日之前購買 UPS，應該能在公司公佈第二季度財報之前入場。這些財報預計不會太好。但這並不是重點。關鍵在於 UPS 一直告訴投資者，2026 年上半年將會疲軟，下半年將會更強勁。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg3MjM3NC8yNF8wM18yNS1hLXBlcnNvbi1zdGFuZGluZy13aXRoLWEtdS10dXJuLXNpZ24tb24tdGhlLWdyb3VuZC1pbi1mcm9udC1vZi10aGVtLV9nZXR0eWltYWdlcy0xMDU1OTI0ODkwLTEyMDB4ODAwLTViMmRmNzkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F872374%2F24_03_25-a-person-standing-with-a-u-turn-sign-on-the-ground-in-front-of-them-_gettyimages-1055924890-1200x800-5b2df79.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><p>In other words, the end of the second quarter will be the inflection point. It will be the point in time when the industrial giant's financial results start to turn around. There are already important signs of progress, with a steady increase in revenue per piece in the U.S. business being a key sign of the company's early turnaround success.</p>
<div class="lb-trans"><p>換句話説，第二季度末將是一個拐點。這將是工業巨頭的財務業績開始轉變的時刻。已經有重要的進展跡象，美國業務每件收入的穩定增長是公司早期轉型成功的關鍵標誌。</p>
</div><h2>Not a great year, but an important change of direction</h2>
<div class="lb-trans"><h2>不是一個好年頭，但方向的重要變化</h2>
</div><p>To be fair, the full year is likely to be roughly flat with 2025, with revenue and operating margin barely budging (though revenue per piece is expected to keep rising, ending up mid-single digits for the year). However, the company believes the trends will shift between the first and second half.</p>
<div class="lb-trans"><p>公平地説，全年收入可能與 2025 年大致持平，收入和營業利潤率幾乎沒有變化（儘管每件收入預計將持續上升，年末將達到中個位數）。然而，公司相信趨勢將在上半年和下半年之間發生變化。</p>
</div><p>In the first half of 2026, revenues are expected to fall, with margins remaining under pressure. But in the second half, revenues are expected to start growing, with margins improving. The company didn't materially alter its view when it reported first-quarter 2026 earnings in late April. In fact, the CEO doubled down, telling investors that the turnaround effort was still on track. I believe there will be a similarly positive update when the company reports second-quarter earnings.</p>
<div class="lb-trans"><p>在 2026 年上半年，預計收入將下降，利潤率仍將承壓。但在下半年，預計收入將開始增長，利潤率改善。公司在 4 月底公佈 2026 年第一季度財報時並沒有實質性改變其觀點。實際上，首席執行官重申，轉型努力仍在軌道上。我相信當公司公佈第二季度財報時會有類似的積極更新。</p>
</div><h2>More aggressive investors should consider buying now</h2>
<div class="lb-trans"><h2>更激進的投資者應該考慮現在買入</h2>
</div><p>Risk-averse investors probably won't want to buy UPS, given the turnaround story it is working on. However, for more aggressive investors, that turnaround appears to be coming to an end. The business upturn will come, if management is correct, in the second half of the year. The stock is already moving higher, but if you act before the company reports second-quarter earnings, you can still get in before the rest of Wall Street catches on to the change in direction.</p>
<div class="lb-trans"><p>風險厭惡型投資者可能不想購買 UPS，因為它正在進行轉型故事。然而，對於更激進的投資者來説，這一轉型似乎即將結束。如果管理層的判斷正確，業務復甦將在下半年到來。股票已經在上漲，但如果你在公司公佈第二季度財報之前採取行動，你仍然可以在華爾街其他人意識到方向變化之前入場。</p>
</div><h2>Should you buy stock in United Parcel Service right now?</h2>
<div class="lb-trans"><h2>你現在應該購買聯合包裹的股票嗎？</h2>
</div><p>Before you buy stock in United Parcel Service, consider this:</p>
<div class="lb-trans"><p>在你購買聯合包裹的股票之前，請考慮以下幾點：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and United Parcel Service wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p><em>Motley Fool Stock Advisor</em> 分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而聯合包裹並不在其中。入選的 10 只股票在未來幾年可能會產生鉅額回報。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $443,191</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,258,838</strong>!*</p>
<div class="lb-trans"><p>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 443,191 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 1,258,838 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 941% — a market-crushing outperformance compared to 206% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>現在，值得注意的是_Stock Advisor_的總平均回報率為 941%——相比之下，標準普爾 500 指數的回報率為 206%。<strong>不要錯過最新的前 10 名單，加入由個人投資者為個人投資者建立的投資社區，獲取_Stock Advisor_。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看這 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of June 7, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回報截至 2026 年 6 月 7 日。</em></p>
</div><p><em>Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends United Parcel Service. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Reuben Gregg Brewer 在提到的任何股票中沒有持倉。Motley Fool 持有並推薦聯合包裹的股票。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc.的觀點。</p>
</div>

我認為：在 7 月 15 日之前，聯合包裹是一個值得買入的機會