Here's Why Investors Should Retain FedEx Shares for Now

FedEx Corporation’s (FDX) bottom line is bolstered by robust cost-saving initiatives, resulting in improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, FDX grapples with weakness in the FedEx Express segment due to lower international yields.Factors Favoring FDXFDX’s multi-year plan, Network 2.0, announced in April 2023, is improving its performance by simplifying routes, lowering costs and increasing efficiency. Network 2.0 is already active in more than 50 ...