FedEx (FDX) Stock May Be 44% Undervalued Despite Fuel Surcharge Changes

FedEx Corporation has delivered a strong share price run in recent years, which puts a spotlight on whether the current US$300.58 price is well supported by the cash it can generate. With the stock sharply higher over the past year, the central issue for you as an investor is how that move lines up with the underlying cash flow story. FedEx has returned 75.1% over the past 5 years, which makes the question of what its cash flows can justify today much more important for anyone buying in...