FedEx Delivers

The Barchart Chart of the Day belongs to the transportation company FedEx (FDX).  I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 5/27 the stock gained 74.74%.

FedEx Corporation (FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. The company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. FedEx Corporation operates through the following segments: FedEx Express, TNT Express, FedEx Ground, and FedEx Freight. Their networks operate independently to deliver the best service to customers without compromise. FedEx compete collectively as a broad portfolio of customer solutions and are managed collaboratively, under the respected FedEx brand. Their worldwide network is served by five regions outside the U.S.: Canada; Asia Pacific (APAC); Europe; the Middle East, Indian Subcontinent and Africa (MEISA); and Latin America, Caribbean (OTC: LAC).

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. 

Barchart technical indicators:

• 100% technical buy signals
• 70.10+ Weighted Alpha
• 43.69% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 35.34% in the last month
• Relative Strength Index 60.80%
• Technical support level at 224.32
• Recently traded at 227.91 with a 50 day moving average of 178.76

Fundamental factors:

• Market Cap $9.07 billion
• P/E 23.14
• Dividend yield 1.15%
• Revenue expected to grow 3.50% this year and another 5.10% next year
• Earnings estimated to increase 11.90% this year, an additional 20.20% next year and continue to compound at an annual rate of 9.23% for the next 5 years
• Wall Street analysts issued 8 strong buy, 13 buy and 7 hold recommendations on the stock
• The individual investors following the stock on Motley Fool voted 2,129 to 221 that the stock will beat the market
• 80,560 investors are monitoring the stock on Seeking Alpha