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FedEx Discussions
Investors accuse FedEx of lying
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<blockquote data-quote="MrFedEx" data-source="post: 4222143" data-attributes="member: 12508"><p>Possibly.If Trump's trade wars drag on, FedEx could really be in the toilet. Yesterday's dismal report on manufacturing was largely a result of US producers losing a large percentage of their export business. Think Caterpillar, Boeing (other issues as well), and anyone else that makes big ticket items that the Chinese would ordinarily be buying. </p><p></p><p>Empty airplanes lose huge money, even if they're new fuel efficient models. So I'm not expecting much from Express. I don't even think the move to 7 day Ground will help that much overall.</p><p></p><p>Maybe move that Buy Order to $100 per share.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 4222143, member: 12508"] Possibly.If Trump's trade wars drag on, FedEx could really be in the toilet. Yesterday's dismal report on manufacturing was largely a result of US producers losing a large percentage of their export business. Think Caterpillar, Boeing (other issues as well), and anyone else that makes big ticket items that the Chinese would ordinarily be buying. Empty airplanes lose huge money, even if they're new fuel efficient models. So I'm not expecting much from Express. I don't even think the move to 7 day Ground will help that much overall. Maybe move that Buy Order to $100 per share. [/QUOTE]
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