FedEx Is Delivering The Recovery

There must be money in gloom and doom. That is the best explanation I can come up with for why there is not more optimism and satisfaction with the global recovery. Despite numerous positive signals on economic growth in the U.S., Latin America and Asia, investors remain fixated on what could happen in Europe and the S&P 500 is basically flat for the year.  


The fiscal fourth-quarter earnings reported by FedEx (NYSE:FDX) on Wednesday reflect a lot of the reasons that I am optimistic about global growth. Volumes were strong and the company is ramping up more assets to deal with even more anticipated growth. That is basically what any investor should want to hear - if companies in the transportation sector are seeing business improve, that should presage better growth.

For the full piece, please go to:
http://stocks.investopedia.com/stock-analysis/2010/FedEx-Is-Delivering-The-Recovery-FDX-IYT-ODFL-GWR-UPS-DRYS-FRO0618.aspx