Published on 7 Sep 2023 on Zacks via Yahoo Finance

United Parcel Service, Inc. (UPS) is Attracting Investor Attention: Here is What You Should Know

United Parcel Service (UPS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this package delivery service have returned -9.5%, compared to the Zacks S&P 500 composite's -0.1% change. During this period, the Zacks Transportation - Air Freight and Cargo industry, which UPS falls in, has lost 7.1%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.