The analysis reviews UPS and FDX considering investor concerns about trade barriers. The analyst compares revenue growth from 2015 to 2025, noting FDX's increase from 47.5 billion to 88 billion, with a CAGR of 6.7%, down from a peak of 93.5 billion. UPS grew from 58.4 billion to 90 billion, a CAGR of 4.7%, also down from a peak. The analyst attributes revenue decrease to pandemic-related online shopping trends normalizing. He expects a larger percentage of spending to move online long-term, counteracted by near-term increased tariffs and inflation. Operating margins are discussed, noting they aren't lucrative due to capital and labor intensity. UPS had an 8.7% operating margin, FDX had 7.7%. ROIC is also declining, according to the analyst. The intrinsic value per share calculated at 121.62 for UPS and 259.63 for FDX. The analyst mentions UPS looks more undervalued by his calculations and picks UPS as the better stock to buy.