FedEx's Turnaround Story: Why Wall Street Is Betting on 100% Upside

Surprise positive earnings by FedEx (NYSE:FDX) sent its stock soaring nearly 20% last week. The package delivery specialist easily beat Wall Street’s fiscal fourth-quarter revenue and earnings estimates, helping to lift shares to one of its best one-day performances.A $2.5 billion stock buyback announcement and potential spin-off boosted FedEx stock. In fact, shares are higher than they have been at any time since the pandemic, indicating the package delivery leaders on the road to recovery.Package Delivery ...