In this video I talk about why I bought FedEx Stock.
I had every intention of spending the next couple of months hoarding cash and waiting. However, I found FDX stock too good of an investment opportunity to pass up.
FedEx does pay a dividend, but that's not the reason I'm into this stock. I've been looking for undervalued companies with value and growth potential -- preferrably beaten down stock prices, and I think this is a good opportunity, especially if it drops more.
Also, we go over my weekly Fidelity Investments portfolio update. You will see every position I own as well as my performance so far. I have a 2021 goal to get my portfolio to $55,000.
Disclaimer: I am not a financial expert, and this shouldn't be considered financial advice. The content of this video is for entertainment purposes only.
Instagram: https://www.instagram.com/stock_overflow/00:00 Intro
00:19 FedEx
01:17 Valuation
03:03 Financial Statements
07:17 Analyst estimates
09:10 Fair value estimate
10:51 Portfolio Update
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