FDX took a ~40% hit in the correction. Up slightly off the lows but still way down relative to where it was. PE is 9. Dividend is currently 1.5% with a very low payout ratio - maybe this could have a nice dividend growth story going forward?
In summary, this seems like a very solid company trading at a huge discount. Seems like it could be a slow and steady gainer with limited downside going forward.
Submitted January 21, 2019 at 01:21PM by fatuber http://bit.ly/2W82HBR
