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Why FedEx Rose 12.3% in December

TheMotleyFool

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Shares of FedEx (NYSE: FDX) rose 12.3% in December, according to data from S&P Global Market Intelligence.

It's not hard to understand why FedEx rose during the month; it reported earnings that handily beat revenue and earnings expectations, and also received a nice analyst upgrade. In addition, FedEx is a value stock that trades at a low multiple of its earnings. Those types of stocks have done much better recently as investors prepare for rising interest rates.

Image source: Getty Images.

Source Fool.com

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