Applying a less than normal 16x multiple to FY 2020's estimate would justify a move to $285 by FedEx's stock price over the next 12 to 18 months. Total return could exceed 80% on this very blue-chip name.
There's almost a guarantee that increased online shopping will lead to volume increases for FedEx Corp(FDX) and United Parcel Service, Inc(UPS) . Both stocks look cheap based on historical dataOf the two, FDX appears more significantly discounted, thoughBy the time you're reading this, FY 2019 will be in the books for FDX as its fiscal year ends o...
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