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FedEx Corporation (FDX): A Top Long-Term Stock According to Billionaire Mason Hawkins

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We recently compiled a list of the Billionaire Mason Hawkins' Top 15 Long-Term Stock Picks. In this article, we are going to take a look at where FedEx Corporation (NYSE:FDX) stands against the other stocks.
The article from MSN Money discusses why FedEx Corporation (FDX) is considered a top long-term investment by billionaire investor Mason Hawkins. Hawkins, through his firm Southeastern Asset Management, has highlighted FedEx's strategic initiatives like the DRIVE program aimed at enhancing profitability and efficiency. Despite facing challenges such as a decline in shipping demand and increased operational costs, FedEx has shown resilience with a significant stock price increase of 30% over the past year. The company's efforts to reduce costs, including workforce reduction and network optimization, are seen as positive steps towards improving its financial health. Hawkins' confidence in FedEx stems from its strong brand, global network, and potential for margin expansion, making it an attractive option for long-term investment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/fedex-corporation-fdx-a-top-long-term-stock-according-to-billionaire-mason-hawkins/ar-AA1xocAA ]