Federal Express operates a global logistics business that could provide insights into the broader economic outlook.
FedEx (FDX -0.21%) management disclosed critical data that could be vital in determining broader market prospects. In this video, I highlight several key statements made by FedEx management and the implications they could have.
*Stock prices used were the afternoon prices of Jan. 7, 2023. The video was published on Jan. 9, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends FedEx. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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