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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

FedEx Corporation ( FDX) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 1.2%. By the end of trading, FedEx Corporation rose $1.15 (1.0%) to $115.26 on light volume. Throughout the day, 1,449,951 shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2,455,400 shares. The stock ranged in a price between $113.87-$115.32 after having opened the day at $114.18 as compared to the previous trading day's close of $114.11. Other companies within the Services sector that increased today were: Edgen Group ( EDG), up 56.6%, Corporate Resource Services ( CRRS), up 35.6%, Liberty Media Corporation Class A ( LMCA), up 35.3% and Armco Metals Holdings ( AMCO), up 23.9%.

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 $36.3 billion and is part of the transportation industry. Shares are up 25.1% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate FedEx Corporation a buy, 1 analyst rates it a sell, and 5 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Point.360 ( PTSX), down 10.9%, Performant Financial ( PFMT), down 10.6%, Cambium Learning Group ( ABCD), down 10.4% and Morgans Hotel Group Company ( MHGC), down 9.0%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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