Why FedEx Stock Soared This Week
A rotation out of tech names and into industrials has shares of FedEx (NYSE: FDX) flying this week. As of midday Friday, the stock of the transportation services company surged 13.3%, according to data from S&P Global Market Intelligence. FedEx shares have now jumped by more than 26% so far this year. That's about double the return of the Dow Jones Transportation Index year to date. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, ...