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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 companys earnings did drop a couple of years in a row theyve had a drop in earnings during covid and theyve 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 companys 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 Ill talk about that in the video [Music] a carnival co-founder fast graphs the fundamentals analyzer software tool aka Mr evaluation and Im going to produce an u
