Monday, September 20, 2010

FedEx Still Loading Up

There is nothing that regular investors can do to change the short-term-ism that infects so much of Wall Street's institutional money management. What investors can do is to exploit it for their own advantages. When FedEx (NYSE:FDX) shares sold off on Thursday because management remained conservative on guidance, that gave potential new shareholders a nice little discount for what seems to be a solidly-performing company. (For more on using companies like FedEx to read the market, read Using Consumer Spending As A Market Indicator.)

The Quarter That Was
Revenue rose 18% in the company's fiscal first quarter to $9.5 billion. Growth was strong across the board, as freight grew 28%, ground grew 13% and express grew 20%. Along the way, volumes and yields were also solid.


Click below to read the full article:
http://stocks.investopedia.com/stock-analysis/2010/FedEx-Still-Loading-Up-FDX-UTIW-CNI-UNP-ODFL0920.aspx

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