The clearest here is Fedex. Th_老虎社区_美港股上老虎

2021-06-21

The clearest here is Fedex. There are 2 main drivers: 1) Shipments for the vaccine will remain elevated beyond 2023; and 2) Online spending will continue to rise in the next few years as more people stay at home.

Consensus P/E for FY21 is about 12x, which isway cheaper than the S&P500 average. I’m long Fedex.

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