FedEx stock (NYSE: FDX) dropped 7% on February 3 amid concerns over new tariffs on Canada, Mexico, and China impacting logistics demand. While the tariffs were temporarily suspended for one month, the uncertainty may continue affecting delivery companies' outlook.
FedEx's recent stock dip presents a compelling buy-the-dip opportunity due to its strong balance sheet, cost-saving DRIVE initiative, and shareholder-friendly capital allocation. At a forward P/E of 12.9 and a growing dividend yield of 2.2%, FedEx offers a significant discount and the potential for strong total returns. Patient value investors may do well by accumulating FedEx, a high-quality l...
After months of threatening to levy tariffs on imports from countries he blames for facilitating the flood of fentanyl into the U.S., on Saturday, President Donald Trump did just that. He announced the imposition of new 25% tariffs on imports to the U.S. from its top two trading partners, Mexico and Canada.
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published by Fortune magazine. The annual “World's Most Admired Companies” report released today lists FedEx as the No. 20 ranked company overall. This marks the 25th consecutive year FedEx has been ranked in the top 20 companies on the prestig...
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the early participation results of its previously announced offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all of its outstanding senior notes of the series listed in the tables below (collectively, the “Existing Notes”) for new notes (the “New Notes”) and related c...
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