FedEx Is A Buy Despite An Uncertain Macro-Environment

Core Insights - FedEx Corporation has experienced a significant decline in stock value, with a nearly 20% drop over the past 52 weeks, contrasting with the broader market reaching record highs [1] Company Performance - The stock's performance has been poor, rebounding from early April lows but still reflecting a substantial decline [1] Market Context - The broader market has been performing well, setting record highs, which highlights the underperformance of FedEx in comparison [1]