Cyber Monday, Lower Fuel Boost FedEx, Shipping Stocks

By | December 2, 2014

Scalper1 News

With Black Friday and Cyber Monday ushering in the holiday shopping season, shippers will be busy delivering packages everywhere. So it’s a good time to check in on air freight transporters, which are expected to benefit from lower fuel prices. The group ranked No. 20 in Tuesday’s issue among the 197 industry groups tracked by IBD, up from No. 32 six weeks ago. First up is FedEx (FDX), which leads the five-stock group with a 95 Composite Rating. Scalper1 News

Scalper1 News