FedEx: Buy While The Market Ignores This Undervalued Giant

FedEx is undervalued in a tech-driven market, trading at a forward P/E of 13.1, well below its historical average and peer UPS. Cost-saving initiatives DRIVE and Network 2.0 are delivering billions in savings, driving margin expansion despite muted revenue growth in the short term. Patient investors could see potentially robust total returns as EPS growth accelerates, supported by operational leverage and a return to mean valuation.