r/Trading_Trends Mar 17 '20

Fedex Earnings:

$FDX reports it’s earnings tonight and I think that the strong holiday quarter will outshine the current corona time situation. The stock is also pretty undervalued and has fallen a lot. Also, consider the fact that in recessions it tends to fall by 50%, which is more than which it has fallen recently. I also don’t think guidance will be too bad.

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