FedEx says it expects record shipping volumes between Thanksgiving and Christmas this year estimating around 260 million packages, which is 12% more than 2010.
How should you trade it?
Lazard analyst Urs Dur upgraded the stock to Buy from Neutral and tells us, “it’s too late to get goods to the US by sea so air freight should pick up into the holidays.”
Get all the details. Watch the video now!
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For Zach Karabell
Rivertwice owns AAPL
Rivertwice is short XLF
Rivertwice is short SMH
Rivertwice is long IBM
Rivertwice is long QCOM
Rivertwice has long calls on MOS
Rivertwice is short ANR
For Rich Ilczyszyn
No disclosures
For Steve Grasso
Stuart Frankel & Co and it’s partners own CSCO
Stuart Frankel & Co and it’s partners own CUBA
Stuart Frankel & Co and it’s partners own GERN
Stuart Frankel & Co and it’s partners own HPQ
Stuart Frankel & Co and it’s partners own HSPO
Stuart Frankel & Co and it’s partners own JPM
Stuart Frankel & Co and it’s partners own MET
Stuart Frankel & Co and it’s partners own MSFT
Stuart Frankel & Co and it’s partners own MU
Stuart Frankel & Co and it’s partners own NYX
Stuart Frankel & Co and it’s partners own (PFE)
Stuart Frankel & Co and it’s partners own PRST
Stuart Frankel & Co and it’s partners own UAL
Stuart Frankel & Co and it’s partners own XRX
For Stephen Volkmann
I, Stephen Volkmann, CFA, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this research report.
As is the case with all Jefferies employees, the analyst(s) responsible for the coverage of the financial instruments discussed in this report receives compensation based in part on the overall performance of the firm, including investment banking income. We seek to update our research as appropriate, but various regulations may prevent us from doing so. Aside from certain industry reports published on a periodic basis, the large majority of reports are published at irregular intervals as appropriate in the analyst's judgment.
For Marc Chandler
Brown Brothers Harriman makes a market in currencies
For Tony Wible
I, Tony Wible, the Primarily Responsible Analyst for this research report, hereby certify that all of the views expressed in this research report accurately reflect my personal views about any and all of the subject securities or issuers. No part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views I expressed in this research report.
Janney Montgomery Scott is a market maker in the securities of NFLX, AAPL, AMZN and LSTZA, and may at any time hold a long or short position in these securities. Janney Montgomery Scott may seek compensation for investment banking services from the subject company (ies) NFLX, AAPL, AMZN and LSTZA securities in the next 3 months. The research analyst is compensated based on, in part, Janney Montgomery Scott's profitability, which includes its investment banking revenues.
For Urs Dur
All of the recommendations and views about (FDX) securities and companies in this report accurately reflect the personal views of the research analyst named on the cover of this report. No part of this research analyst’s compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the research analyst in this research report.
Lazard Capital Markets LLC makes a market in FDX securities.
For Brian Kelly
Shelter Harbor Capital is long EWA
Shelter Harbor Capital is long ASX 200 futures
Shelter Harbor Capital is long Euro
For Colin Gillis
The analyst primarily responsible for this research report, and whose name appears on the front cover, certifies that: (i) all of the views expressed in this research report accurately reflects his or her personal views about any and all of the subject securities or issuers featured in this report; and (ii) no part of any of the research analyst's compensation was, is, or will be, directly or indirectly related to the specific recommendations or views expressed by the research analyst in this report.
Investment banking (next 3 months): BGC Financial LP and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from (YHOO), (MSFT), and (AAPL).
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