Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why FedEx Rose 12.3% in December

TheMotleyFool

0 0

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

Like: 0

FDX

Share