Shipping giant FedEx (FDX) closes out our list, and the stock trades with a high beta of 1.49. Improvements in the overall economy bode well for the company, as does the growing role of e-commerce in the retail sector. Amazon (AMZN) has radically altered the face of retail, and now all the traditional brick-and-mortar retailers like Wal-Mart (WMT) and Target (TGT) are scrambling to improve their online presence to keep pace. As retailers invest heavily into their e-commerce business, shipping companies will enjoy growing demand for their services. The stock has a P/E of 29.7, which is a bit high, but analysts see earnings growing 10.6% during the current year, and an additional 13.8% in 2018. FDX trades at $209.16, which is basically in-line with analysts’ $211.50 price target, but if the company is able to hit its growth estimates moving forward, analysts will start lifting their targets and the stock should easily build on its recent gains.
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