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It's only been 11 months since I posted my first analysis on FedEx Corporation (NYSE:FDX), where I gave the company a "neutral" rating. The low rating was not a result of poor fundamentals of FedEx, but rather the valuation
Analyst’s Disclosure:I/we have a beneficial long position in the shares of FDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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