FedEx On Sale For A Limited Time Only

Summary

• FedEx's recent price drop is an opportunity to get the parcel delivery company on the cheap.
• Investors have recently turned negative on the company's outlook given the increasing fuel and labor costs, independent contractors publicly voicing their frustration with the company.
• However, the current price is just too cheap to ignore as FedEx is an exceptionally good business.
• It has a network that is extremely hard to replicate and the company is moving towards a capital-light model.
• The company has an opportunity to make some substantial savings from optimizing operations and meet some aggressive growth targets.

Spencer Platt

Thesis

FedEx shares are trading 18% below the company's recent highs and this could be an opportunity to scoop up shares of this household name on the cheap. Investors have recently turned negative on the company's outlook given the increasing

Analyst’s Disclosure:I/we have a beneficial long position in the shares of FDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.