I plan to add a good dividend based stock to my portfolio and UPS is on my radar. I see online that the people that already have it are quite satisfied with it. The company looks really stable, it has good revenue and all looks like a good buy except the debt to profit ratio,but even that looks like something that will be a big problem to a company like this.
What my biggest concern and my biggest fear with this stock is its price. It’s not easy to cash out nearly 200$ per share.Obviously I plan to own the stock long-term and because of the dividend, but I also don’t want to lose a lot of value on the stock price. I understand that UPS has proven to be a good investment for many, but is it smart to spend money on a stock this expensive in the time when Amazon is getting into the delivery game?
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