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$77.34 -0.66 (-0.85%)
10/6/2008 4:03 PM

FedEx Corp (FDX)

CAPS Rating:
***

The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the FedEx brand.

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Recs

7

Avatar ncan50 (< 20) Submitted: 11/09/06 1:03 PM : Outperform Start Price: $113.23 FDX Score: -7.08

SHANNON OF MOTLEY FOOL IS CORRECT. I RECENTLY RETIRED
FROM FEDEX. THEY ARE SOLID.
NO HANKY PANK HERE. STILL
KEEP 25% OF MY PORTFOLIO
IN FEDEX. A COUPLE YEARS AGO I
SOLD 500 AT $57 TO DIVERSIFY.
DUMB MOVE. BUT EVERYONE SAYS
NOT TO HOLD MUCH OF YOUR EMPLOYER'S STOCK. NOT TRUE HERE !

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Avatar Maax (95.34) Submitted: 4/16/07 11:46 AM

Recs: 0 | Rec This

Maybe it doesn't look as a good move so far, but the strategy was sound and safe. Unless you are Warren Buffett, run the business and know what you do, it is good not to depend too much from your employer's stock. Of course, when you diversify, make sure you diversify properly. If you don't, there's not much positive from the move, for sure.

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