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FedEx and UPS Blast to New 52-Week Highs -- But Should You Buy Now?

FedEx and UPS Blast to New 52-Week Highs -- But Should You Buy Now?

FedEx (NYSE: FDX) crushed expectations when it reported record revenue for the first-quarter fiscal year 2021 (Q1FY21) -- sending shares of FedEx and United Parcel Service (NYSE: UPS) to new 52-week highs on Wednesday.