FedEx’s 2022 earnings should soar

FedEx’s 2022 earnings should soar

A surge in online shopping led to a 15.5% jump in revenue for this company during the most-recent quarter. We think it will expand earnings soon and feel it’s a strong buy right now.

What’s more, a solid balance sheet helps support necessary investment in the… Read More

FedEx wins with the shift to online shopping

Rising fuel costs and labour shortages, particularly driver salaries, have weighed on FedEx’s shares in the past few months. However, the company’s outlook remains strong, particularly as the COVID-19 pandemic continues to prompt consumers to buy more goods online.
FEDEX CORP. $252 is a buy. The company (New… Read More

FedEx builds on its cloud expertise

FEDEX CORP. $229 remains a buy. The company (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 266.2 million; Market cap: $61.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.2%; TSINetwork Rating: Average; www.fedex.com) delivers packages and documents in the U.S. and 220 other… Read More

Fedex’s earnings just soared 105.1%

Fedex’s earnings just soared 105.1%

Improved efficiency and online shopping led to a 30% jump in revenue for this company during the most-recent quarter. 

A rebounding economy should continue to help drive higher numbers while the stock trades at only 11.0 times the company’s 2021 earnings forecast.

FEDEX CORP. (New York symbol… Read More

Online shopping still spurring Fedex

FEDEX CORP. $311 remains a buy. The company (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 262.6 million; Market cap: $81.7 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.8%; TSINetwork Rating: Average; www.fedex.com) delivers packages and documents in the U.S. and 220 other… Read More