FedEx (NYSE: FDX) delivered for investors in 2020, as its shares gained 71% due in large part to the pandemic-fueled surge in residential shipments.
Those gains followed years of disappointing results, and FedEx shares are still down by nearly 10% from where they stood three years ago. Over that period, they've underperformed the S&P 500 by more than 40 percentage points.
Can FedEx continue to gain altitude in 2021, or will its share-price rally soon run out of fuel? Here's a look at what's ahead for the shipping and transportation giant.
Source Fool.com