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FedEx formerly known as Federal Express is a quasi-cyclical company that is somewhat dependent on the state of the economy and the cyclical nature of the economy as you can see by the operating earnings here the company has had Cycles even through the Great Recession the companyamp;#39;s earnings did drop a couple of years in a row theyamp;#39;ve had a drop in earnings during covid and theyamp;#39;ve recently had a drop in earnings which I do want to talk about in this video but if you look long term at the weekly closing stock prices you can see that stock prices generally go where the companyamp;#39;s operating results have gone and through all the cyclicality the company that has grown in almost double-digit rates and their dividend record has been Stellar except for a couple of years in the middle here where they froze the dividend temporarily and Iamp;#39;ll talk about that in the video a carnival co-founder fast graphs the fundamentals analyzer software tool aka Mr e