Here's Why You Should Retain FedEx (FDX) in Your Portfolio

FedEx Corporation’s (FDX) efforts to reward shareholders through dividends and buybacks are encouraging. FDX's liquidity position is also impressive. However, concerns arise from volume-related challenges impacting the FedEx Express segment.Factors Favoring FDXIn the second quarter of fiscal 2023, FedEx launched DRIVE to boost long-term profitability, aiming for $1.8 billion in savings this year and$2.2 billion by 2025. Measures like flight cuts and staff reductions show commendable cost-control efforts, c ...