This content was made for video and podcast format:
In December of 2020, FedEx (#FDX) reported their quarterly earnings and beat eps and revenue expectations. Because 2020 was an unprecedented year for business the company decided not to give guidance and investors have been selling their shares relentlessly ever since.
Shortly before reporting earnings #Fedex shares were trading at all time highs of $305 and are now down -17% while trading at $251. Is now the buy on dip opportunity for Fedex stock?