FedEx vs. Freight Stocks Analysis

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Best Freight Stocks

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Business & Economics

FedEx Corporation (FDX): The Best Freight Stock to Buy According to Hedge Funds

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81% Informative

Freight stocks are often perceived as boring if compared to the flashy technology and AI stocks, but they are actually the blood of the global economy.

The freight sector is the backbone of trade and the gross domestic product of every country.

The year 2024 was not the best for freight activity in the US , as almost 2 years of high interest rates and past inflation finally took a toll on consumption, industrial activity, and construction.

FedEx Corporation (NYSE:FDX) is a close competitor of UPS as it closely matches the scale and capabilities of its rival it operates one of the largest express air fleets with coverage of more than 200 countries.

FDX ranks 1st on our list of best best best freight stocks to buy according to hedge funds.

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