Sunday, December 16, 2012
Stock of the Week
For Alleyway Investing's Stock of the Week we chose..... FedEx! FedEx is a low maintenance, low volatile stock that has a slight fiscal cliff proof to it. It goes by how businesses go running the world in delivering packages, but it is also diverse, consumer use FedEx and everyday people that need things shipped all use FedEx. With online shopping picking up, and a good holiday season expected, FedEx will gain from this and expect one of the busiest seasons. Plus the fiscal cliff proof aspect of it is that its earnings come out on Wednesday. So expect FedEx to have a huge week.