Fed Ex will probably keep making more in revenues and earnings as far out as we can see. Problem is, the stock just went from $217 to $260 real fast, and it rarely does that without a pullback. Target is important of course though, and I would put that at about $300-$310. I believe $230-$235 is the right entry.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.