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Why You Should Be Bullish on FedEx Stock Despite Its Earnings Miss
FedEx's earnings were hurt by Hurricane Harvey and a cyberattack in June.
Earnings per share came in lower than expected, and the company lowered guidance for the coming year.
But Money Morning Technical Trading Specialist D.R. Barton, Jr., says that doesn't affect the long-term outlook for the stock.
FedEx's earnings were hurt by Hurricane Harvey and a cyberattack in June.
Earnings per share came in lower than expected, and the company lowered guidance for the coming year.
But Money Morning Technical Trading Specialist D.R. Barton, Jr., says that doesn't affect the long-term outlook for the stock.