HomeBusinessTransportation Industry & Stock NewsFedEx (FDX) A.I. Adoption & Competition Ahead of Earnings

FedEx (FDX) A.I. Adoption & Competition Ahead of Earnings

Adam Lampe is excited about FedEx’s 1Q earnings, noting improving margins. He expects FedEx to successfully adopt A.I. in its logistics department vs its competitor UPS, adding that “the only thing I can say good about UPS is it offers a 5% dividend.” Adam says FedEx shares could “easily” be worth around $315, but says Amazon (AMZN) could be a better investment.

Morning Trade Live

19 Sep 2024

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