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FedEx Stock Battling Seasonality Ahead of Earnings
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FedEx (FDX) stock is facing potential challenges due to historical December underperformance, averaging a 4.8% loss over the last decade. Despite a 15% rise this quarter, the stock may struggle post-earnings, with a history of declines following reports. Analysts remain mostly positive, with 18 out of 30 rating it a "buy." The stock's volatility is lower than expected, suggesting a premium-selling strategy might be beneficial.
Source: Schaeffers The copyright of this article belongs to the original author/organization.
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