Posted by Investipedia | 2:34 PM | 7 comments »





via WSJ.com: Stocks To Watch Today by Bob O'Brien on 9/28/09

The secret to a successful outlook, as learned Monday by FedEx (FDX): in a circumstance when Wall Street ignores you the first time, just repeat yourself.
Here's the reality: FedEx shares have moved 3% in higher in Monday's trading, after the package-delivery concern said it thought the challenges in the broad economy had troughed, and that conditions could be expected to improve through the balance of the year.
"We think we have hit bottom, and traffic is climbing up from a multi-year low," FedEx chief executive Frederick Smith said Monday in Memphis, where the company is hosting its annual meeting. "We definitely see the light at the end of the tunnel" in terms of the economy.
The stock jumped 3% on his comments.
By contrast, when Smith offered a similar - but actually more precise - assessment of the economy two weeks ago, Wall Street not only ignored the good news, it focused on the year-over-year decline in profit performance the company recorded.
At that time, Smith said he expected the U.S. gross domestic product to grow by 3% in the current quarter, nearly 5% next quarter, and about 3% next year.
Smith wasn't as specific in Monday's outlook, though the tone of his comments sounded similarly constructive.
Of course, it might be asked whether relatively modest growth coupled with some challenging earnings comparisons warranted a 27 times earnings multiple, which is what investors have placed on FedEx shares.





7 comments

  1. Anonymous // November 9, 2009 at 11:47 PM  
  2. Anonymous // December 9, 2009 at 5:52 AM  

    Hi !.
    You may , perhaps very interested to know how one can make real money .
    There is no initial capital needed You may begin earning with as small sum of money as 20-100 dollars.

    AimTrust is what you haven`t ever dreamt of such a chance to become rich
    The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

    It is based in Panama with structures around the world.
    Do you want to become really rich in short time?
    That`s your chance That`s what you wish in the long run!

    I feel good, I began to take up income with the help of this company,
    and I invite you to do the same. If it gets down to select a correct partner who uses your funds in a right way - that`s AimTrust!.
    I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
    It`s easy to get involved , just click this link http://binybafem.builtfree.org/oxatyha.html
    and lucky you`re! Let`s take our chance together to get rid of nastiness of the life

  3. Anonymous // December 16, 2009 at 9:51 PM  

    Good day !.
    You re, I guess , probably curious to know how one can make real money .
    There is no need to invest much at first. You may commense to receive yields with as small sum of money as 20-100 dollars.

    AimTrust is what you thought of all the time
    AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

    It is based in Panama with structures around the world.
    Do you want to become an affluent person?
    That`s your chance That`s what you desire!

    I feel good, I began to get income with the help of this company,
    and I invite you to do the same. If it gets down to select a correct companion utilizes your savings in a right way - that`s the AimTrust!.
    I make 2G daily, and my first investment was 500 dollars only!
    It`s easy to start , just click this link http://ydewexyd.dreamstation.com/atutyfe.html
    and lucky you`re! Let`s take our chance together to feel the smell of real money

  4. Anonymous // January 6, 2010 at 3:55 AM  

    Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now keep it up!

  5. Anonymous // January 28, 2010 at 9:03 PM  

    Good day, sun shines!
    There have were times of troubles when I didn't know about opportunities of getting high yields on investments. I was a dump and downright stupid person.
    I have never thought that there weren't any need in big initial investment.
    Now, I feel good, I started to get real income.
    It's all about how to choose a proper partner who utilizes your money in a right way - that is incorporate it in real deals, parts and divides the profit with me.

    You can get interested, if there are such firms? I have to answer the truth, YES, there are. Please get to know about one of them:
    http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

  6. Anonymous // March 15, 2010 at 2:01 PM  

    Good day!

    For sure you didn’t here about me yet,
    friends call me James F. Collins.
    Generally I’m a venturesome analyst. recently I take a great interest in online-casino and poker.
    Not long time ago I started my own blog, where I describe my virtual adventures.
    Probably, it will be interesting for you to read my notes.
    Please visit my web page . http://allbestcasino.com I’ll be glad would you find time to leave your comments.

  7. Anonymous // April 27, 2010 at 3:09 PM  

    Hi!


    The new kid on the block is http://www.BuySellDirect.net is a Free and improved ebay to sell your products and services and make a second income on the Internet.


    Use http://www.BuySellDirect.net FREE service to make a second income.