
NYSE:FDX
Based on analyst Larry Williams' true seasonal index He likes this and UPS, both of which are essential to the stay-at-home economy. Williams says retail falters around now, mid-December through mid-January. He has his doubts about this call, because Covid is increasing deliveries during the holiday season, but also in moving vaccines.
FDX vs. UPS If you believe we're headed into a new economic cycle, transportation is a great place to be. UPS and FDX are the most obvious beneficiaries of the move to online shopping and logistics. Can certainly pull back. Both good, but he prefers UPS, as business model is more unified. Strong operating base. Fedex was cobbled together, operational issues.
A recession in a year It benefits from more online shopping. Also look at Cargojet. We're in a recession right now. What if the government hadn't offered CERB and similar assistance in the US. Will this government assistance continue? Probably yes, or else we would be in a depressing situation. OIl, gold and real estate will be pressured near-term, but in a few years will take off. Expect inflation down the line with all the money that's being printed during Covid assistance.