UPS and FedEx Are Having a ‘Solid Peak Shipping Season’ - Barron's
It has been a jolly holiday season for retailers, and that has benefited FedEx (ticker: FDX) and United Parcel Service (UPS) too.
Where we were: Both stocks have trailed the market in 2018, with UPS off more than 20% and FedEx down nearly 38%.
Where we’re headed: The firms may have a better 2019, as capacity and execution seem aligned, says Cowen & Co.
It has been a jolly holiday season for retailers, and that has benefited FedEx (ticker: FDX) and United Parcel Service (UPS) too.
Where we were: Both stocks have trailed the market in 2018, with UPS off more than 20% and FedEx down nearly 38%.
Where we’re headed: The firms may have a better 2019, as capacity and execution seem aligned, says Cowen & Co.
