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Is FedEx Corporation's (NYSE:FDX) Recent Stock Performance Tethered To Its Strong Fundamentals?

By Yahoo! Finance   |   Sep 13, 2024 at 10:07 AM EST
Is FedEx Corporation's (NYSE:FDX) Recent Stock Performance Tethered To Its Strong Fundamentals?

FedEx's stock has risen by 16% in the last three months. Their Return on Equity (ROE) is at 16%, indicating efficient profit generation. With a payout ratio of 29% and expected growth, FedEx is seen as a solid investment.

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