United Parcel Service

Mar 5, 2026

UPS is a high-quality global logistics infrastructure company with a durable moat, steady cash flow, and long-term relevance, but the stock becomes truly attractive only when cyclical weakness provides a significant margin of safety.

Jan 20, 2026

如果亚马逊（Amazon）的业务全部流失，UPS 在短期内会面临巨大的营收压力，但通过其“更好而非更大（Better not Bigger）”的战略以及对其他电商平台（如 Shopify）和高价值行业的拓展，UPS 具备在长期保持增长和弥补缺口的潜力。