In recent weeks, speculation has mounted that Amazon.com Inc. [stckqut]AMZN[/stckqut] plans to launch a global shipping and logistics operation that will compete with United Parcel Service Inc. [stckqut]UPS[/stckqut] and FedEx Corp. [stckqut]FDX[/stckqut]

Asked about reports that the company was leasing planes and had registered an ocean freight booking business, Chief Financial Officer Brian Olsavsky downplayed Amazon’s ambitions last month in an earnings call. He said the company was simply looking to supplement its delivery partners — not replace them — during peak periods like the Christmas shopping season

A 2013 report to Amazon’s senior management team proposed an aggressive global expansion of the company’s Fulfillment By Amazon service, which provides storage, packing and shipping for independent merchants selling products on the company’s website. The report envisioned a global delivery network that controls the flow of goods from factories in China and India to customer doorsteps in Atlanta, New York and London. The project, called Dragon Boat, is proceeding, according to a person familiar with the initiative, who asked not to be identified because the information isn’t public.

Source: Amazon Building Global Delivery Business to Take On Alibaba – Bloomberg

Largest Companies by Revenue in Each State 2015

 

Thank you to Broadviewnet for putting out this infographic.  Here is the data:

State 2014 Company 2014 Revenue (Billion) 2015 Company 2015 Revenue (Billion) Headquarters
AL Regions Bank $5.89 Regions Bank $5.40 Birmingham AL
AK Alaska Permanent Fund Corporation $4.44 GCI Inc. $0.91 Anchorage AK
AZ Avnet Inc. $25.45 Avnet Inc. $27.49 Phoenix AZ
AR Wal-Mart Stores $476.29 Wal-Mart Stores $485.65 Bentonville AR
CA Chevron Corporation $228.84 Chevron Corporation $211.97 Sam Ramon CA
CO Arrow Electronics Inc. $21.35 Arrow Electronics Inc. $22.78 Inverness CO
CT General Electric $146.04 General Electric $148.58 Fairfield CT
DE E.I du Pont de Nemours and Company $36.14 E.I du Pont de Nemours and Company $36.04 Wilmington DE
FL World Fuel Services $41.56 World Fuel Services $43.38 Miami FL
GA Home Depot International Inc. $85.53 Home Depot International Inc. $85.90 Atlanta GA
HI Hawaiian Electric Industries Inc. $3.23 Hawaiian Electric Industries Inc. $3.23 Honolulu HI
ID Micro Technology Inc. $9.07 Albertson’s LLC. $23.56 Boise ID
IL Archer Daniels Midland $89.80 The Boeing Company $90.76 Chicago IL
IN WellPoint $71.02 Anthem Inc. $73.87 Indianapolis IN
IA Transamerica Life Insurance Company $19.04 Transamerica Life Insurance Company $23.34 Cedar Rapids IA
KS Sprint Communications Inc. $34.56 Koch Industries $115.00 Wichita KS
KY Humana Inc. $42.31 Humana Inc. $48.50 Louisville KY
LA CenturyLink Inc. $18.09 CenturyLink Inc. $18.03 Monroe LA
ME Hannaford Bros. Co. $3.98 Hannaford Bros. Co. $4.41 Scarborough ME
MD Lockheed Martin $45.35 Lockheed Martin $45.60 Bethesda MD
MA Liberty Mutual Holding Company Inc. $38.50 Liberty Mutual Holding Company Inc. $36.94 Boston MA
MI General Motors $155.42 General Motors $155.92 Detroit MI
MN Cargill Inc. $136.65 UnitedHealth Group $130.47 Minnetonka MN
MS Sanderson Farms Inc. $2.68 Koch Foods Incorporated $2.80 Flowood MS
MO Express Scripts Holding $104.09 Express Scripts Holding $100.88 St. Louis MO
MT Stillwater Mining Company $1.03 Stillwater Mining Company $0.94 Billings MT
NE Berkshire Hathaway $182.15 Berkshire Hathaway $194.67 Omaha NE
NV Las Vegas Sands Corp. $13.76 Las Vegas Sands Corp. $14.58 Paradise NV
NH Sprague Resources LP $4.60 C&S Wholesale Grocers Inc. $21.70 Keene NH
NJ Johnson & Johnson $71.31 Johnson & Johnson $74.33 New Brunswick NJ
NM Presbyterian Healthcare Services $4.60 Presbyterian Healthcare Services $2.05 Albuquerque NM
NY Verizon Communications $120.55 Verizon Communications $127.07 New York NY
NC Bank of America $101.69 Bank of America $95.18 Charlotte NC
ND MDU Resources Group Inc. $4.46 MDU Resources Group Inc. $4.67 Bismarck ND
OH Cardinal Health $101.09 The Kroger Co. $108.46 Cincinnati OH
OK Love’s Travel Stops & Country Stores Inc. $26.09 Love’s Travel Stops & Country Stores Inc. $26.09 Oklahoma City OK
OR Nike Inc. $25.31 Nike Inc. $27.79 Beaverton OR
PA AmeriSourceBergen $87.95 AmeriSourceBergen $119.56 Chesterbrook PA
RI CVS Caremark $126.76 CVS Caremark $139.36 Woonsocket RI
SC Sonoco Products Company $4.48 Sonoco Products Company $5.01 Hartsville SC
SD Sanford Health $3.10 Poet LLC. $6.00 Sioux Falls SD
TN FedEx Corporation $44.28 FedEx Corporation $45.46 Memphis TN
TX Exxon Mobil $438.25 Exxon Mobil $411.93 Irving TX
UT Huntsman Corporation $11.07 Huntsman Corporation $11.57 Salt Lake City UT
VT Keurig Green Mountain Inc. $4.35 Keurig Green Mountain Inc. $4.70 Waterbury VT
VA Freddie Mac $81.22 The Long & Foster Companies Inc. $42.70 Chantilly VA
WA CostCo Wholesale $105.15 CostCo Wholesale $112.64 Issaquah WA
WV West Virginia University Hospitals Inc. $1.38 Mylan Pharmaceuticals Inc. $1.24 Morgantown WV
WI Johnson Controls Inc. $42.73 Johnson Controls Inc. $42.82 Milwaukee WI
WY Cloud Peak Energy Inc. $1.39 Cloud Peak Energy Inc. $1.39 Gillette WY

 

Company name FedEx Corporation
Stock ticker FDX
Live stock price [stckqut]FDX[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Poor
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $160.13
Target stock price (averages with growth) $188.97
Target stock price (averages with no growth) $130.37
Target stock price (manual assumptions) $141.23

The following company description is from Google Finance: http://www.google.com/finance?q=fdx

FedEx Corporation (FedEx) is a holding company. The Company provides a portfolio of transportation, e-commerce and business services under the FedEx brand. Federal Express Corporation (FedEx Express) is an express transportation company, offering time-certain delivery within one to three business days and serving markets. FedEx Ground Package System, Inc. (FedEx Ground) is a provider of small-package ground delivery service. FedEx Freight Inc (FedEx Freight) is a provider of less-than-truckload (LTL) freight services. FedEx Corporate Services, Inc. (FedEx Services) provides the Company’s other companies with sales, marketing, information technology, communications and back-office support. In June 2012, the Company acquired olish courier company Opek Sp. z o.o. In July 2012, the Company acquired TATEX. In July 2012, the Company’s, FedEx Express business unit, acquired Rapidao Cometa, a transportation and logistics company.

 

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

Company name FedEx Corporation
Stock ticker FDX
Live stock price [stckqut]FDX[/stckqut]
P/E compared to competitors Fair

Management execution:

Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Good
EBIT growth Poor

Analysis:

Confident Investor Rating Poor
Target stock price (high) $35.75
Target stock price (low) $5.11

Confident Investor comments:  At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.