10 Best Delivery Stocks to Buy According to Billionaires

5. FedEx Corporation (NYSE:FDX)

Number of Billionaires: 15

Billionaire Holdings: 1,682,066,448

FedEx Corporation (NYSE:FDX) is ranked fifth on our list of Best Delivery Stocks. It is the biggest distributor of expedited packages worldwide, having pioneered overnight service in 1973. It made 47% of its income from its express division, 37% from ground, and 10% from freight. The rest comes from other services, such as FedEx Logistics, which offers international forwarding, and FedEx Office, which produces and ships documents. In 2016, the company expanded its footprint throughout Europe by acquiring the Dutch package transportation company TNT Express. TNT used to be the fourth-biggest package delivery service in the world.

In the second quarter of fiscal year 2025, FedEx Corporation (NYSE:FDX) spent $820 million on capital expenditures, bringing its annual capital expenditure total to $5.2 billion. The company also repurchased $1 billion worth of shares, increasing its total repurchases for the year to $2 billion, with an additional $500 million expected for the second half. The company continues to generate excellent free cash flow.

FedEx Corporation (NYSE:FDX) acquired RouteSmart Technologies, a world leader in route optimization, on February 6, 2025, to increase operational effectiveness. The two longtime partners hope the merger will go smoothly and that RouteSmart will continue to serve a range of sectors. RouteSmart will function autonomously under FedEx Dataworks, boosting its technological capabilities in logistics.