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FedEx Discussions
" The Times They Are A Changing"
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<blockquote data-quote="Questions Needed Answered" data-source="post: 5279916" data-attributes="member: 97912"><p>Although I've not been with the company long enough to have seen very much, I've seen enough that I don't have confidence in it to buy at the $200+ level.</p><p></p><p>[URL unfurl="true"]https://www.google.com/search?q=fedex+historical+stock+price&oq=fedex+historical+stock+price&aqs=chrome.0.0i512j0i390l2.3424j1j7&sourceid=chrome&ie=UTF-8[/URL]</p><p></p><p>An ~8 percent return over the last 5 years indicates that it's not the darling that some portrait it to be either.</p><p></p><p>[URL unfurl="true"]https://www.google.com/search?q=ups+stock+price&oq=ups+stock+price&aqs=chrome.0.0i20i263i433i512j0i512l2j0i457i512j0i512l6.1697j1j7&sourceid=chrome&ie=UTF-8[/URL]</p><p></p><p>Especially considering UPS is up ~69% over the same time period.</p><p></p><p>In my opinion FedEx stock price is very overvalued so to do a buyback at this point is throwing good money after bad.</p></blockquote><p></p>
[QUOTE="Questions Needed Answered, post: 5279916, member: 97912"] Although I've not been with the company long enough to have seen very much, I've seen enough that I don't have confidence in it to buy at the $200+ level. [URL unfurl="true"]https://www.google.com/search?q=fedex+historical+stock+price&oq=fedex+historical+stock+price&aqs=chrome.0.0i512j0i390l2.3424j1j7&sourceid=chrome&ie=UTF-8[/URL] An ~8 percent return over the last 5 years indicates that it's not the darling that some portrait it to be either. [URL unfurl="true"]https://www.google.com/search?q=ups+stock+price&oq=ups+stock+price&aqs=chrome.0.0i20i263i433i512j0i512l2j0i457i512j0i512l6.1697j1j7&sourceid=chrome&ie=UTF-8[/URL] Especially considering UPS is up ~69% over the same time period. In my opinion FedEx stock price is very overvalued so to do a buyback at this point is throwing good money after bad. [/QUOTE]
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