FedEx Freight | FedEx - Delivering Packages, Delivering Appeal

Jeff

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FedEx continues to see strong growth; although much of the growth is driven by pricing, volumes remain sound as well.

Prospects remain good, as cost inflation is largely made up for by higher yields as well.

The company sees continued growth, and trading at 14 times forward earnings, multiples are non-demanding given the growth and great execution.

While long-term concerns about other stronger competitors making an entrance are real and valid, it seems that a lot has been priced in already.

This idea was discussed in more depth with members of my private investing community, Value In Corporate Events.
https://seekingalpha.com/article/4183550-fedex-delivering-packages-delivering-appeal?app=1
 
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