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The 10 Best Growth Stocks for Retirement

As we continue to lead longer lives, growth stocks have become an increasingly pivotal part of the retirement pie

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Best Growth Stocks for Retirement: United Parcel Services (UPS)

It may seem ironic that I’m recommending United Parcel Service, Inc. (NYSE:UPS) immediately after Amazon.com, given that Amazon is busily building out a logistical network to reduce its dependence on UPS and other delivery services.

But remember, as potent a force as Amazon is, it’s by no means the only name in online retail. And as internet commerce continues to become a bigger and bigger piece of total retail spending, UPS has the wind at its sails.

UPS’ revenues per share have grown by about 55% since 2009, and apart from a single down year during the Great Recession, the company has seen its revenues grow every year for the past 15 years.

Aerial drones, ride-sharing companies like Uber and other non-traditional forms of transportation are emerging as potential competitive threats to UPS. But UPS has precious few competitors when it comes to longer-haul delivery.

UPS is a solid option as a retirement growth stock, and it pays a 3.2% dividend to boot.

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Article printed from InvestorPlace Media, http://investorplace.com/2017/05/the-10-best-growth-stocks-for-a-well-funded-retirement/.

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