Why FedEx Stock Soared This Week
A rotation out of tech names and into industrials has shares of (NYSE: FDX) flying this week. As of midday Friday, the stock of the transportation services company surged 13.3%, according to data from S&P Global Market Intelligence.
FedEx shares have now jumped by more than 26% so far this year. That's about double the return of the Dow Jones Transportation Index year to date.
Image source: Getty Images.
Source Fool.com
Fedex Corp. Aktie
Hohe Buy- und niedrige Sell-Zahlen bei Fedex Corp. zeigen ein stark positives Sentiment.
Für Fedex Corp. ergibt sich ein Potenzial von -5.87%, obwohl das Kursziel von 294 € den aktuellen Kurs von 312.35 € unterschreitet.


