Goldman's Weekly Options Watch trade idea: Buy calls ahead of FedEx earnings. With the stock underperforming the AMEX:SPY by over 8% over the past month, Goldman Sachs analysts see potential for a reversion following earnings.
Im a former FedEx employee and I'll start off by saying FedEx will have bad earnings we can't hire drivers, Estar they implemented worldwide in April was a complete failure and we lost a lot of customers and didn't make service for nearly 3 months. Estar was so bed we had to scrap the program. Also summer is the slow time.