Christmas and the NY holidays drives profit for the certain companies. In this article, I will speak about the companies which can make money on the holidays and, hence, see a better income than forecast.
I have to say that FedEx position on the market of mail delivery has become even poorer. The reason is in the fact that the management did not take seriously Amazon taking up delivery. Now the former best client has become a severe rival to FedEx.
Last year I drew my attention to FedEx). At that time, its stocks just started the decline that goes on till now. As a result, during the last 11 months, the stock price has dropped by almost 30%. The reason for the beginning of the decline became the actions of Amazon.