Please login to Zacks.com or register to post a comment.
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
| No Recent Quote currently available |
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
| Company Name | Symbol | %Change |
|---|---|---|
| SCIENTIFIC L | SCIL | 8.00% |
| NATUS MEDICA | BABY | 6.11% |
| SUMMER INFAN | SUMR | 6.02% |
| RADIANT LOGI | RLGT | 5.32% |
| NEW ORIENTAL | EDU | 4.51% |
Please login to Zacks.com or register to post a comment.
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
FedEx Corporation ( FDX - Analyst Report ) , a leading U.S. package delivery company, is expanding its services across U.S., Canada and Mexico. The company aims to tap a potential business opportunity in NAFTA (North American Free Trade agreement) markets through its expansion plans.
The company is expanding its Priority next-day services in its FedEx Freight segment by opening a new service centre in Rochester, New York. The new service centre will cater to 13 U.S. and Canadian markets dealing in cross border shipments to and from Toronto and Montreal.
In Mexico, the company added two new service centers – one each in Culiacán and Silao. By introducing these two centers, FedEx would strengthen its freight network in northwestern and north central part of Mexico. Further, in its Freight segment, management intends to invest in technology to upgrade network and equipment and automation planning in order to enhance customer service levels.
FedEx’ other improvement plans include productivity enhancements in the Ground segment like automation of the planning and execution of free load and pickup and delivery processes. The segment’s trailers are also expected to be equipped with GPS devices to improve fleet management.
We believe near-term earnings growth will be aided by increasing profitability in Freight coupled with continued growth in the Ground segment. Additionally, improving international revenues and operational efficiency in FedEx Express will also support earnings going forward.
FedEx is boosting its international business through substantial investments to enhance its existing routes and make strategic acquisitions. The company is building a new hub in Guangzhou, China, for catering to100 new Chinese cities within the next five years. Recently, the company announced to invest $100 million in China in order to strengthen its competitive position in the Chinese markets against its rival – United Parcel Service, Inc. ( UPS - Analyst Report )
As for acquisitions, the company completed the take over of Polish courier Company Opek Sp. z o.o. in June this year and French B2B Express transportation company, TATEX in July.
Following this, the company acquired Rapidão Cometa, a Brazilian transportation and logistics company. We believe the investments in organic growth as well as acquisitions will lead to greater operational efficiencies, providing a competitive edge, generating significant long-term synergies, supporting international business growth, and driving higher profitability.
The stock currently has a Zacks #3 Rank, implying a short-term Hold rating. For the long-term, we have an Underperform recommendation on FedEx.
Read the full reports :
Analyst Report on UPS
Analyst Report on FDX