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

More ways to boost your post-COVID returns

While some businesses—and especially “work-from-home” stocks like Zoom—have thrived during the pandemic, others continue to suffer. This includes airlines, hotels, movie theatres, automakers, oil and gas producers and many brick-and-mortar retailers.
Here’s a look at several ETFs that generally hold stocks that have underperformed in the… Read More