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How FedEx Delivers Long-Term Gains Despite a Pricey Stock

2014-09-16 13:31:04| Air Courier - Topix.net

NEW YORK -- Since hitting a intraday low of $138.30 on June 17, shares of global transportation giant FedEx The company has convinced a jittery market that FedEx's position as a global leader can remain intact despite global economic weakness , which has hampered its Express segment. With shares now at around $154, up 7% for the year to date, and trading at trailing price-to-earnings ratio of almost 30, FedEx shares aren't cheap.

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