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Holly LaFon
Holly LaFon
Articles (9200)  | Author's Website |

Jerome Dodson Comments on FedEx

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February 13, 2018 | About:

Transportation provider FedEx (NYSE:FDX) added 83 basis points to the Fund’s return, as the stock climbed 34.0% from $186.20 to $249.54. The company delivered solid earnings and benefited from growing demand for international air-freight and e-commerce shipments, as consumers globally are purchasing more imported goods online.

From Jerome Dodson (Trades, Portfolio)'s fourth-quarter 2017 Parnassus Fund shareholder letter.

About the author:

Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

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