United Parcel Service Soared 15% in April: Will the Rally Continue?

Shares of United Parcel Service (UPS) rallied recently because of increasing demand for the company’s delivery and shipping services, fueled by the e-commerce boom. And because the boom in doorstep deliveries and COVID-19 vaccine shipments is likely to continue for some time, we think UPS should see a substantial improvement in its financials and a rise in its profitability. Read on.

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