12-18-2020, 11:57 AM
(12-18-2020, 11:45 AM)fenders53 Wrote:(12-18-2020, 11:37 AM)divmenow Wrote: Added 2 news names to the portfolio. LULU and FDXThey will do well with ecommerce this winter but vaccine shipping revenue? Nice story but I'd be surprised if it was 2% of their revenue. Kinda like PFE, just a little free cash flow to pay some bills.
Nice to have a $17 dip today in FDX. Someone has to ship those vaccines and ecommerce growth is a sweet spot.
It will be about 7.8 of revs they announced. Not too shabby
They are delivering around somewhere between 70 and 80 discreet facilities today, there are hundreds of shipments going out in the first few waves,” said Smith. “But over time we’ll deliver to 10s of thousands of hospitals and medical centers.” We predict it will be roughly 7.8 percent of our revenues heading into 2021.
But that's not why I bought it