FedEx Corp (FDX)

[winston]

Delivery giant FedEx jumps 40%-plus from its late-January low.

[winston]

not vested

A CHECK-UP ON THE U.S. ECONOMY

Today's chart shows the continued uptrend in a gauge of the American economy...

One of the simplest ways to measure the state of the economy is to look at consumer spending. When people are confident about the economy and the stability of their jobs, they spend more money on things like electronics, furniture, and clothes. When confidence is low, people hold on to their cash instead.

To get a feel for consumer spending, we can look at shares of shipping giant FedEx (FDX). Americans are shopping increasingly through e-commerce sites like Amazon (AMZN), rather than at brick-and-mortar locations. But to deliver those orders, you need a shipping company like FedEx.

Last quarter, the company announced record-breaking peaks in both shipping volume and service quality. As you can see below, FedEx's shares are up around 30% over the past year... And they recently hit a new all-time high. This consumer-spending gauge says the U.S. economy is still going strong...

Source: Daily Wealth

[winston]

not vested

FedEx (FDX) .

What the heck? You got a darned good quarter and this stock is down from $218 to $206?

That's insane. Sure, people don't like the chart.

Yes, the stock had run. But these guys are the kings of e-commerce.

There was a hacking story that got a lot of people confused at the same time they reported. A great opportunity.

Source: Cramer, The Street

[winston]

not vested

FedEx Corp. (FDX)

FedEx shares are down 41% in the past year on concerns about a global economic slowdown and the potential for Amazon.com (AMZN) to transition from partner to competitor over time.

Analyst Jim Corridore says e-commerce will remain a long term growth driver for FedEx, even after the company announced this year it will not be renewing its express shipping and domestic ground shipping contracts with Amazon.

Corridore says the stock is simply too cheap to ignore trading at under 10 times forward earnings.

CFRA has a "strong buy" rating and $220 price target for FDX stock.

Source: US News

[behappyalways]

FedEx shares sink after outlook is cut again
https://www.marketwatch.com/story/fedex ... ewer_click

[investar]

yes, very bad results... better to stay away for a while longer
120$ perfectly possible

[investar]

Bloomberg Opinion: during quarantine, people want to know about their package

https://www.bloomberg.com/opinion/artic ... nd=opinion


In hindsight, 100$ was an ideal entry point to put a toe in the water with FDX.
Or is it better to keep looking at UPS???

[winston]

not vested

E-COMMERCE IS COUNTING ON THIS COMPANY

Today's company is winning big as customers shop online...

The coronavirus pandemic has added fuel to the e-commerce trend. When customers were nervous about venturing into brick-and-mortar stores, or when those shops were closed entirely, they ordered online. We've been tracking several recent e-commerce winners. And here's another company that's profiting from their success...

FedEx (FDX) is one of America's largest shipping companies. When you buy something online, there's a good chance FedEx will help bring it to your house.

So while FedEx is handling fewer commercial shipments amid COVID-19, a surge in residential deliveries partially offset that decline – leading the company to top Wall Street's estimates. The company pulled off a $2.5 billion adjusted profit in the most recent quarter.

FDX shares are up roughly 140% from their March lows, and they just hit a new 52-week high. With e-commerce booming today, FedEx should continue to thrive...

Source: Daily Wealth

[behappyalways]

Sometimes It Pays To Be Lucky
https://www.zerohedge.com/economics/som ... s-be-lucky

[behappyalways]

First quarter results were adversely impacted by global volume softness that accelerated in the final weeks of the quarter. FedEx Express results were particularly impacted by macroeconomic weakness in Asia and service challenges in Europe, leading to a revenue shortfall in this segment of approximately $500 million relative to company forecasts. FedEx Ground revenue was approximately $300 million below company forecasts.

We're Going Into A Worldwide Recession, FedEx CEO Warns "Numbers Don't Portend Very Well"
https://www.zerohedge.com/markets/fedex ... s-guidance