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
327,60 €
0,67 %
Die Community unterstützt Fedex Corp. stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein unerwartetes negatives Potenzial von -5.37% für Fedex Corp., trotz eines niedrigeren Kursziels von 310 € als der aktuelle Kurs von 327.6 €.
