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FedEx Stock Is at Its Bottom—And It May Be Time to Buy

FedEx TodayFDXFedEx222.077.44 (3.24222.07 -7.44 (-3.24%) 52-Week Range194.30▼313.84DividendYield2.61313.84Dividend Yield2.61%P/E Ratio13.16Price Target285.75Add to WatchlistFedEx NYSE: FDX faces hurdles and headwinds, but its stock is at the bottom of its decline because its turnaround and optimization strategy is gaining traction. The FQ1 results and guidance reveal the impacts, including plans to accelerate efforts and potentially exceed the long-term cost-savings targets. The critical takeaways are that the planned spin-off of the freigh ...