I've been a
FedEx (NYSE:
FDX)
skeptic for some time now, and despite a few spikes in February and
March, the stock has mostly chopped around in 2012 as investors try to
digest the impact of slowdowns in Europe and China on global
transportation. Although I still believe that FedEx enjoys too much
benefit of the doubt with the sell-side analyst crowd, I do acknowledge
the value in this company's nearly impossible-to-replicate
infrastructure and its leverage to an eventual economic recovery.
Overall, maybe FedEx is getting within sight of being attractively
valued.
Please read more here:
http://www.investopedia.com/stock-analysis/2012/FedEx-May-Be-In-Sight-Of-Bargain-Pricing-FDX-AAWW-ATSG-UNP0919.aspx
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