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NYSE:UPS
About FedEx They're in a fantastic position, but maybe they can't maintain their momentum. When UPS spoke recently, their shares got crushed. He thinks they can achieve rich profit margins and growth. They have the edge of UPS, though UPS' price is better. At the next UPS report, he may buy more.
UPS vs. FDX 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.
Hold? Stick with it. Don't worry about its history. The CEO is smart and solid. Also likes FedEx.
A Covid vaccine distribution play They have a freezer farm in the U.S. and Holland, cold enough to transport the Pfzier vaccine. That's a definite plus. They recently reported a strong quarter, but didn't issue guidance, so the stock got hammered. The stock has since recovered. The coming holiday season is crucial for UPS. He believes in the new CEO to deliver this season and in delivering vaccines.