Turning to FedEx (FDX), our investment thesis is that the market undervalues the stock because of management’s extremely long-term investing horizon. FedEx continues to build out its domestic ground system and its Pacific parcel network. As shipping density improves over time, profit margins should increase meaningfully.
Bill Nygren's Oakmark Comments on FedEx
Turning to FedEx (FDX), our investment thesis is that the market undervalues the stock because of management’s extremely long-term investing horizon. FedEx continues to build out its domestic ground system and its Pacific parcel network. As shipping density improves over time, profit margins should increase meaningfully.








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