Time to load up on FedEx via /r/wallstreetbets #stocks #wallstreetbets #investing
Time to load up on FedEx
FedEx has earnings on Dec. 17. As a company, they killed it before covid, during covid, and will continue to kill it after covid. They're going to crush their upcoming earnings, and UPS just crushed their earnings. There was a slight dip from the vaccine news (3-4%), but otherwise it really hasn't dipped that much. Now is a good time to get in. I expected to hit 290 by earnings. It's recent ATH is $293. Thoughts?
Edit:. Also, someone has to transport all of those vaccines…
4 x 262.5c 12/24, 4 x 267.5c 12/24, 6 x 270c 1/15/21. For those of you keeping score, that's a 25k bet.
Submitted November 11, 2020 at 01:15AM by icydash
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