Is FedEx a Good Defensive Play?

With shares of FedEx Corporation (NYSE:FDX) trading at around $97.96, is FDX an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework: C = Catalyst for the Stock’s Movement On the positive side, FedEx is expanding higher margin operations, it’s undergoing a strategic cost-cutting program, and revenue has been solid …

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