FedEx Stock Soars to New Peak. Here's Why I'm Doubling Down

FedEx is delivering impressive, sustainable results despite dealing with difficult conditions.FedEx (FDX -0.10%) recently hit its all-time high, but it's not too late for investors to buy this bellwether stock. The freight and parcel delivery powerhouse operates in a highly competitive environment, and it's prone to economic cyclicality. However, the company delivers reliably strong financial results and impressive efficiency metrics. Investors can own a great company without breaking the bank.Fundamentals ...