Positive Q4 Outlook for UPS Amid Holiday Catalyst

3 months ago

"Is the economy good? Well, UPS, they're up 12% in pre-market. 12% in pre-market. Again, UPS, the Brown shipping company, is up 12% in pre-market. I said yesterday that I thought Q4 would be good because of the holiday shopping season and shipping being key to the economy. With the holiday shopping season upon us, UPS's CEO mentioned, 'We are executing the most significant strategic shift in our company's history, and the changes we are implementing are designed to deliver long-term value for all stakeholders. With the holiday shopping season upon us, we are positioned to run the most efficient peak in our history.' So, look at UPS as a key play this quarter."

The speaker highlights UPS's strong pre-market performance, noting a 12% uptick and emphasizing the company's optimistic Q4 outlook driven by holiday season catalysts and a strategic shift announced by the CEO.

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