NYSE:FDXLogistics
Is FedEx’s Valuation Attractive After CEO’s High-Profile China Business Trip?
If you are watching FedEx stock right now, you have probably noticed it has been a rollercoaster. After a difficult run over the past year, with the stock down about 22% in total return, many investors are asking if all the bad news is priced in or if there is still some rough air ahead. Even so, not everything about FDX is headed south. In the last three months, the stock has shown signs of life with a 4% gain, which stands out against a challenging logistics sector.
Part of the recent...