FedEx (NYSE: FDX) heavy investment in building its US infrastructure paid off last year (2020) during the peak of the pandemic and will still take advantage of the recovery and post-COVID19 years to come as we continue to improve our “pandemic contact-less protocols.”
Here are my simple reasons why I am long in FedEx:
- Post pandemic role in the shipping sector both the US and globally
- Global Network (TNT Express) is now better
- Growing demands on online shopping
- A discount compared to UPS (which I also own)
- Capacity is still growing
I will continue to buy FedEx every chance I get.