This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

FedEx Corporation (FDX): Today's Featured Services Winner

FedEx Corporation (FDX) pushed the Services sector higher today making it today's featured services winner. The sector as a whole was unchanged today. By the end of trading, FedEx Corporation rose 77 cents (0.9%) to $89.01 on light volume. Throughout the day, 1.3 million shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $87.57-$89.83 after having opened the day at $88.19 as compared to the previous trading day's close of $88.24. Other companies within the Services sector that increased today were: Peoples Educational Holdings (PEDH), up 57.1%, P.F. Chang's China Bistro (PFCB), up 29.7%, Canterbury Park Holding Corporation (CPHC), up 22.4%, and Avis Budget Group (CAR), up 19.1%.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $27.83 billion and is part of the transportation industry. The company has a P/E ratio of 13.7, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 5.7% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate FedEx Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates FedEx Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Pep Boys - Manny Moe & Jack (PBY), down 22.2%, Genco Shipping & Trading (GNK), down 14.6%, Swisher Hygiene (SWSH), down 12.9%, and QuinStreet (QNST), down 12.8%, were all losers within the services sector with Ctrip.com International (CTRP) being today's services sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services (IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers (SCC).

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs