Wall Street can be a surprisingly stubborn place, and many
sell-side analysts continue to stubbornly defend
FedEx (NYSE:
FDX).
While the company's performance isn't all bad, and there's clearly
value in its large global asset base, it's still difficult to reconcile
sell-side affection for this name with likely
free cash flow (FCF) growth over the coming decade.
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http://www.investopedia.com/stock-analysis/2012/FedEx-Still-Getting-The-Benefit-Of-The-Doubt-FDX-UPS-AMZN-ODFL1220.aspx
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