3 ordspråk av Robert Norfleet

Robert Norfleet

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I think FedEx is another example of a company that is not yet really seeing, from a profitability standpoint, the recovery that is under way in the economy. The data points suggest recovery, but most of these companies have yet to see it translate into profits.

Most of the [government] spending has been in the backlog for these companies, and it's just going to start flowing through the earnings statements. I think there is further upside.

I think the headwind they've made in the ground business in terms of volume increases throughout year have been well above expectations in the industry. The type of growth they are experiencing clearly suggests they are taking market share from other people.

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