에 대한 최신 뉴스 FedEx (NYSE:FDX) 주식

FedEx

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended May 2024, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting the firm's presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

Equities

News

Markets

Tech

MSFT

TSLA

마이크로소프트(NASDAQ:MSFT)는 또 다른 정리해고를 실시하여 다양한 팀과 지역에 영향을 미친 것으로 알려졌다. 이 회사는 영향을 받은 직원의 정확한 수를 공개하지 않았다.

마이크로소프트, 올해 들어 세 번째로 팀과 지역 전반에 걸쳐 또 다른 정리해고 실시

Large Cap

Movers

ALNY

CVNA

FTAI

MSTR

RDDT

RIVN

이들 10개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 리비안 오토모티브(NASDAQ:RIVN)는 회사가 생산량을 단순화하고 비용을 절감했으며 폭스바겐과의 합작 투자 계획을 발표했다는 보도가 나온 후 지난주 주가가 30.04% 급등했다. 

리비안과 카바나는 지난주 최고의 성과를 보인 10대 대형주 중 일부 (6월 23일-6월 29일)

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

NVDA

연방준비제도(연준)이 가장 면밀히 모니터링하는 인플레이션 지표인 5월 개인 소비 지출(PCE) 물가지수는 2021년 3월 이후 최저 수준에 도달해 연율 2.6%를 기록했는데, 이는 경제학자의 예상에 부합한다.

이번 주 시장 동향: 인플레이션 3년 만에 최저치, 금리 인하 기대, 트럼프가 토론 장악

FedEx Corp

FENDX TECHNOLOGIES INC by Fendx Technologies Inc.

FendX Technologies Inc

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has reportedly carried out <a href="https://www.benzinga.com/news/24/06/39151312/microsoft-google-announce-hundreds-of-job-cuts-in-tech-departments-despite-robust-financials">another round of layoffs</a>, affecting various teams and regions. The company has not disclosed the exact number of employees impacted.
What Happened: The layoffs have affected employees in roles related to product and program management, as per LinkedIn posts from the affected staff. The company, however, has not revealed the number of employees affected, <a href="https://www.geekwire.com/2024/microsoft-lays-off-employees-in-new-round-of-cuts/">reported</a> GeekWire.
A Microsoft spokesperson stated, &#8220;Organizational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners.&#8221;
Microsoft&#8217;s financial year 2024 concluded on Jun. 30. The company often restructures its business at the beginning of a new fiscal year.
See Also: <a href="https://www.benzinga.com/markets/equities/24/07/39588207/jim-cramer-has-a-market-strategy-interest-rates-up-buy-mag-7-rates-down-buy-everything?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Has A Market Strategy: Interest Rates Up, Buy Mag 7; Rates Down, Buy Everything</a>
This is the third round of layoffs by Microsoft in 2024. In June, the company cut around 1,000 jobs <a href="https://www.benzinga.com/news/24/06/39151312/microsoft-google-announce-hundreds-of-job-cuts-in-tech-departments-despite-robust-financials">across various units</a>, including its Azure cloud unit and HoloLens mixed-reality organization. Earlier in the year, Microsoft laid off nearly 2,000 employees in its gaming unit, following its <a href="https://www.benzinga.com/general/gaming/23/10/35239617/microsofts-69b-activision-blizzard-acquisition-gets-green-light-from-uk-antitrust-regulator">$69 billion acquisition</a> of Activision Blizzard.
Microsoft is making these cutbacks to maintain its profit margins amid increased capital spending, aimed at providing the cloud infrastructure required for AI applications.
Microsoft&#8217;s workforce expanded during the pandemic but has stabilized over the past two years. As of the end of 2023, the company employed approximately 227,000 people worldwide, down from 232,000 the previous year, according to the report.
Microsoft did not immediately respond to a request for comment from <a href="https://pro.benzinga.com/dashboard">Benzinga</a>.
Why It Matters: The recent layoffs at Microsoft are part of a broader trend in the tech industry, where companies are making significant workforce reductions to streamline operations and cut costs.
For instance, Tesla Inc. <a href="https://www.benzinga.com/top-stories/24/06/39457749/tesla-leads-2024-us-tech-layoffs-so-far-followed-by-dell-cisco-xerox-paypal-microsoft">led 2024 U.S. tech layoffs</a>, reducing its workforce by at least 14% this year. Similarly, Meta Platforms Inc. has also <a href="https://www.benzinga.com/news/24/06/39314161/zuckerberg-targets-metas-top-brass-in-planned-job-cuts-as-his-wealth-hits-181b-stock-price-soars">implemented job cuts</a> as part of its &#8220;Year of Efficiency&#8221; goals.
Moreover, Alphabet Inc.&#8217;s Google <a href="https://www.benzinga.com/news/24/05/38575532/google-eliminates-200-jobs-moves-roles-to-india-and-mexico-as-part-of-cost-trimming-efforts">recently eliminated approximately 200 jobs</a> and relocated some roles to India and Mexico as part of its cost-cutting measures. These moves reflect a broader industry trend where tech giants are focusing on efficiency and profitability amid economic uncertainties.
Microsoft&#8217;s layoffs also come at a time when the company is investing <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39579731/nvidia-apple-microsoft-race-toward-4t-market-cap-analyst-expects-ai-driven-tech-ral">heavily in AI applications</a>, which require substantial capital spending. This strategy is aimed at maintaining profit margins while navigating the challenges of a rapidly evolving tech landscape.
The tech industry has seen a wave of layoffs in 2024, with companies like FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) <a href="https://www.benzinga.com/trading-ideas/previews/24/06/39464492/fedex-q4-earnings-preview-share-buyback-job-cuts-eight-straight-revenue-misses-among-items">also announcing job cuts</a> as part of their financial strategies. 
Price Action: Microsoft stock closed at $460.77 on Wednesday, up by 0.32% for the day. In after-hours trading, the stock was down 0.21%. Year to date, Microsoft's stock has seen a 24.24% increase, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39588200/bill-gates-hired-steve-ballmer-as-the-first-business-manager-at-microsoft-and-now-is-behind-him-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bill Gates Hired Steve Ballmer As The First Business Manager At Microsoft And Now Is Behind Him On The Billionaire&#8217;s Index, Thanks To AI</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Microsoft Carries Out Another Round Of Layoffs Across Teams And Geographies, Third This Year So Far

Whales with a lot of money to spend have taken a noticeably bearish stance on FedEx.
Looking at options history for FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $313,682 and 11, calls, for a total amount of $491,033.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $250.0 to $320.0 for FedEx during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for FedEx's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across FedEx's significant trades, within a strike price range of $250.0 to $320.0, over the past month.
<h3>FedEx Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1719950492_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$19.05</td>
<td>$18.55</td>
<td>$18.75</td>
<td>$260.00</td>
<td>$93.7K</td>
<td>86</td>
<td>0</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$20.5</td>
<td>$19.6</td>
<td>$19.6</td>
<td>$320.00</td>
<td>$62.7K</td>
<td>77</td>
<td>70</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$9.7</td>
<td>$9.6</td>
<td>$9.6</td>
<td>$295.00</td>
<td>$62.4K</td>
<td>565</td>
<td>1</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/05/24</td>
<td>$1.92</td>
<td>$1.84</td>
<td>$1.92</td>
<td>$297.50</td>
<td>$57.6K</td>
<td>1.5K</td>
<td>2.0K</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$30.25</td>
<td>$30.0</td>
<td>$30.0</td>
<td>$290.00</td>
<td>$57.0K</td>
<td>791</td>
<td>29</td>
</tr>
</tbody>
</table>

<h3>About FedEx</h3>
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended May 2024, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting the firm's presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
<h3>Where Is FedEx Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,234,496, the FDX's price is down by -0.23%, now at $297.98. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 78 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for FedEx, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

FedEx Unusual Options Activity

Is FedEx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) helping law enforcement spy on private citizens? A new report presents compelling evidence in the latest <a href="https://www.benzinga.com/topic/privacy">controversy over privacy</a>.
What Happened: Forbes <a href="https://www.forbes.com/sites/thomasbrewster/2024/06/19/fedex-police-help-cops-build-an-ai-car-surveillance-network/">reported</a> that the Memphis, Tennessee-based shipping giant has partnered with local law enforcement agencies by distributing surveillance footage from cameras on FedEx vehicles.
There are instances of local police departments reciprocating by sharing data with FedEx, which has a secretive, private police force. These include the Shelby County Sheriff's Office in Tennessee and Pittsboro Police Department in Indiana.
Jay Stanley, senior policy analyst at the American Civil Liberties Union (ACLU), called the program &#8220;profoundly disconcerting.&#8221;
&#8220;It raises questions about why a private company…would have privileged access to data that normally is only available to law enforcement,&#8221; Stanley told Forbes.
The company utilizes surveillance cameras from the start-up Flock Safety.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/07/39577584/tesla-stares-at-another-sales-decline-in-q2-did-china-save-the-day-for-the-ev-maker">Tesla Stares At Another Sales Decline In Q2: Did China Save The Day For The EV Maker?</a>
What is Flock?: Flock, a multi-billion dollar startup founded in 2017, leases surveillance equipment to the private and public sectors.
Flock uses artificial intelligence technology to <a href="https://www.flocksafety.com/precision-policing">track</a> vehicles by license plate, make, model, color and other identifying qualities.
Why it Matters: FedEx <a href="https://www.fedex.com/en-us/about/company-structure.html">operates</a> in all 50 states, with over 200,000 vehicles and hundreds of operational centers. FedEx&#8217;s partnership expands surveillance efforts to the road.
The extent of data sharing between law enforcement and FedEx remains unclear. The arrangement underscores broader issues surrounding privacy, transparency, and the increasing use of private surveillance technologies in law enforcement efforts.
While the program may help police departments reduce crime, it also opens the door for questions about curtailing personal liberties.
Simon Property Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>), Lowe&#8217;s Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) and Kaiser Permanente similarly share data with law enforcement, per Forbes.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/general/24/06/39401970/cant-wait-for-openai-to-have-access-to-my-phone-says-musk-as-former-nsa-chief-joins-openai-board">&#8216;Can&#8217;t Wait For OpenAI To Have Access To My Phone&#8217; Says Musk As Former NSA Chief Joins OpenAI Board</a></li>
</ul>
Photo: Shutterstock

Is FedEx Spying On You? Civil Rights Analyst Calls AI Surveillance Program 'Profoundly Disconcerting'

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) shares surged 30.04%  in the last week following a report suggesting the company has simplified its output, cut costs and announced plans for a<a href="https://www.benzinga.com//node/39497161" target="_blank" rel="noreferrer noopener"> joint venture with Volkswagen</a>.</li>
<li>Carnival Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUK#NYSE">CUK</a>) stock gained 17.78% on continued strength following <a href="https://www.benzinga.com//node/39481992" target="_blank" rel="noreferrer noopener">better-than-expected&nbsp;Q2&nbsp;earnings</a>.</li>
<li>FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) stock soared 17.51% in the last week&nbsp;on better-than-expected&nbsp;Q4&nbsp;financial results and guidance. Also, the company announced it expects to buy back&nbsp;$2.5 billion&nbsp;<a href="https://www.benzinga.com//node/39504381" target="_blank" rel="noreferrer noopener">worth of stock in FY25</a>. Several analysts raised the <a href="https://www.benzinga.com//node/39509568" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) stock advanced 16.37% after RBC Capital reiterated an Outperform rating and maintained its<a href="https://www.benzinga.com/quote/iot/analyst-ratings" target="_blank" rel="noreferrer noopener"> price target of&nbsp;$47</a>.</li>
<li>Suzano S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>) shares rose 12.24% after it <a href="https://www.benzinga.com//node/39519611" target="_blank" rel="noreferrer noopener">dropped the acquisition</a> pursuit of International Paper Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>).</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares increased 11.93% after updating&nbsp;on its operating plan and capital structure at the William Blair 44th Annual Growth Stock <a href="https://www.benzinga.com//node/39509401" target="_blank" rel="noreferrer noopener">Conference in early June</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) stock gained 11.55% in the last week.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares surged 11.08% after the company announced a policy update to block <a href="https://www.benzinga.com//node/39494776" target="_blank" rel="noreferrer noopener">automated website scraping</a>.</li>
<li>Mongodb Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock gained 10.57% in the last week.</li>
<li>Alnylam Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) shares rose 10.82% amid possible continued strength after the company announced topline results from its HELIOS-B Phase 3 study of vutrisiran. Also, multiple analyst firms raised their <a href="https://www.benzinga.com/quote/alny/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
</ol>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/06/39565694/moderna-and-walgreens-boots-alliance-were-among-the-10-biggest-large-cap-losers-last-week-june-23-">Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 &#8211; June 29): Are These In Your Portfolio?</a></li>
</ul>
Photo Courtesy of Rivian

Rivian Automotive And Carvana Were Among The 10 Biggest Large Cap Gainers Last Week (June 23-June 29): Are These In Your Portfolio?

The Federal Reserve's most closely monitored inflation measure — the Personal Consumption Expenditure price index — reached its lowest level since March 2021 in May, registering an annual rate of 2.6%, in <a href="https://www.benzinga.com/economics/macro-economic-events/24/06/39547288/feds-preferred-inflation-gauge-falls-to-lowest-level-since-november-2021-relieves">line with economist expectations.</a>
The inflation figures released Friday indicate that price pressures are trending toward the Fed's 2% target, solidifying market expectations for interest rate cuts. September is now seen as the most likely month for the first rate cut, followed by another by the end of the year, and potentially three more next year, according to market prediction data.
The first presidential debate concluded with a spike in Donald Trump's <a href="https://www.benzinga.com/news/24/06/39543594/biden-vs-trump-flash-poll-picks-debate-winner-but-over-one-third-of-voters-doubt-his-ability-to-lead">win probabilities to about 60%</a>, as President Joe Biden's performance was widely viewed as disappointing. The odds of Biden being replaced have increased with just about four months <a href="https://www.benzinga.com/markets/equities/24/06/39541774/heres-how-betting-odds-changed-financial-markets-fared-following-first-presidential-debate-as-bi">left until the election.</a>
Economists say the policies of both candidates are inflationary and fail to meaningfully address the fiscal and debt issues facing the U.S. economy.
FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) and Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) led the week's best performances within the S&amp;P 500, with both posting double-digit share price increases amid strong earnings <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39510209/carnival-catches-wave-of-bullish-analysts-after-q2-earnings-beat-firing-on-all-cyli">reports and optimistic guidance. </a>Conversely, Walgreens Boots Alliance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) and Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) each plummeted over 20% due <a href="https://www.benzinga.com/24/06/39553700/nikes-fourth-quarter-results-highlight-its-struggle-with-ongoing-challenges">to disappointing quarterly results.</a>
Market Breadth Warnings
Veteran investor Ed Yardeni warns of a &#8220;bad breadth&#8221; problem in the stock market, with performance heavily reliant on Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). This dependency on a few tech stocks increases the risk of a market downturn <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39459711/stock-market-has-a-bad-breadth-problem-again-veteran-wall-street-investor-warns">if these investor darlings falter.</a>
Banks Show Resilience
American banks have proven solid and resilient in maintaining minimum capital requirements even in highly adverse economic scenarios, as demonstrated by the latest Federal Reserve stress tests released this week. Yet institutions might still face greater losses than those projected in<a href="https://www.benzinga.com/markets/equities/24/06/39513681/fed-stress-test-2024-large-banks-face-greater-losses-but-maintain-strong-capital-positions-in-se"> the previous year's assessments.</a>
Pandemic Savings Depleted
U.S. household pandemic savings have dwindled, leading to rising delinquencies and record-high debt. The Federal Reserve Bank of San Francisco estimates that excess savings peaked at $2.1 trillion in August 2021 but are now fully depleted. Economists warn that consumers&#8217; financial stability is now <a href="https://www.benzinga.com/top-stories/24/06/39533138/pandemic-piggy-banks-run-dry-us-economy-braces-for-impact">tied to current income.</a>
Tesla's New Models
A Goldman Sachs analyst predicts Elon Musk will launch lower-cost Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) models soon, including a smaller Model 3 and a van, with the more affordable Tesla vehicles potentially selling at least <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39502910/elon-musk-could-sell-at-least-100-000-new-lower-cost-models-next-year-tesla-has-ove">100,000 units per year.</a>
Photo via Shutterstock.

Inflation Reaches Over 3-Year Lows, Rate Cuts Are Getting Closer, Trump Dominates Debate: This Week In The Market

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RKLB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$3.00</td>
<td>$42.0K</td>
<td>19.9K</td>
<td>5.8K</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$65.00</td>
<td>$63.7K</td>
<td>2.2K</td>
<td>1.9K</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/12/24</td>
<td>$300.00</td>
<td>$37.9K</td>
<td>77</td>
<td>836</td>
</tr>
<tr>
<td>ERJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$25.00</td>
<td>$30.8K</td>
<td>2.2K</td>
<td>304</td>
</tr>
<tr>
<td>GEV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$165.00</td>
<td>$25.0K</td>
<td>823</td>
<td>174</td>
</tr>
<tr>
<td>PWR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$280.00</td>
<td>$36.0K</td>
<td>306</td>
<td>112</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$95.00</td>
<td>$41.4K</td>
<td>1.0K</td>
<td>100</td>
</tr>
<tr>
<td>ZIM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$12.00</td>
<td>$101.5K</td>
<td>1.0K</td>
<td>100</td>
</tr>
<tr>
<td>FTAI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$95.00</td>
<td>$220.2K</td>
<td>4.6K</td>
<td>22</td>
</tr>
<tr>
<td>TDG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$1300.00</td>
<td>$40.8K</td>
<td>0</td>
<td>16</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a put option sweep with bearish sentiment. It expires in 567 day(s) on January 16, 2026. Parties traded 700 contract(s) at a $3.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $42.0K, with a price of $60.0 per contract. There were 19994 open contracts at this strike prior to today, and today 5843 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a call option sweep with bearish sentiment. It expires in 175 day(s) on December 20, 2024. Parties traded 49 contract(s) at a $65.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $63.7K, with a price of $1300.0 per contract. There were 2266 open contracts at this strike prior to today, and today 1910 contract(s) were bought and sold. 
• For FDX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on July 12, 2024. This event was a transfer of 79 contract(s) at a $300.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $480.0 per contract. There were 77 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold. 
• Regarding ERJ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERJ#NYSE">ERJ</a>), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on July 19, 2024. Parties traded 220 contract(s) at a $25.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $140.0 per contract. There were 2243 open contracts at this strike prior to today, and today 304 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a put option sweep that happens to be bullish, expiring in 21 day(s) on July 19, 2024. This event was a transfer of 50 contract(s) at a $165.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $500.0 per contract. There were 823 open contracts at this strike prior to today, and today 174 contract(s) were bought and sold. 
• For PWR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>), we notice a call option trade that happens to be bullish, expiring in 49 day(s) on August 16, 2024. This event was a transfer of 80 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $450.0 per contract. There were 306 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold. 
• Regarding CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we observe a put option sweep with neutral sentiment. It expires in 49 day(s) on August 16, 2024. Parties traded 75 contract(s) at a $95.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $552.0 per contract. There were 1058 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we observe a call option trade with bearish sentiment. It expires in 28 day(s) on July 26, 2024. Parties traded 100 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $101.5K, with a price of $1015.0 per contract. There were 1050 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on July 19, 2024. Parties traded 242 contract(s) at a $95.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $220.2K, with a price of $910.0 per contract. There were 4606 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold. 
• For TDG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>), we notice a call option trade that happens to be bearish, expiring in 539 day(s) on December 19, 2025. This event was a transfer of 2 contract(s) at a $1300.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $20400.0 per contract. There were 0 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Embraer-Empresa Brasileira De Aeronautica

RKLB

UBER

10 Industrials Stocks With Whale Alerts In Today's Session

Matson&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/matx#NYSE">MATX</a>) recently announced a 6.3% hike in its quarterly dividend, taking the total to 34 cents per share (annualized $1.36). The first installment of the increased dividend will be paid out on Sep 5, 2024, to its shareholders of record as of Aug 1.
The upped dividend highlights this transportation company&#39;s commitment to creating value for its shareholders. MATX&#39;s dividend yield based on the new payout and Jun 27&#39;s closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years.
Per chairman and CEO Matt Cox, &quot;The increase reflects the strength of our business and confidence in our long-term free cash flow growth. As always, we remain committed to the return of excess capital to shareholders through the execution of share repurchases after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet.&quot;
Matson, currently sporting a Zacks Rank #1 (Strong Buy), is also active on the buyback front. Investors should note that Matson has a 5-year median return on capital of 14.3%, which is higher than its industry&#39;s 10%, depicting the company&#39;s financial efficiency.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/d1/69834.jpg?v=1441934294" /> 
Image Source: Zacks Investment Research
Matson is not the only player from the Zacks&nbsp;Transportation&nbsp;sector to have hiked quarterly dividends in 2024. In June,&nbsp;FedEx&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) board of directors approved a dividend hike of 10%, thereby raising its quarterly cash dividend to $1.38 per share ($5.52 annualized). In January,&nbsp;GATX Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gatx#NYSE">GATX</a>) board of directors announced a dividend hike of 5.5%, which raised its quarterly cash dividend to 58 cents per share. Notably, 2024 marks the 106th consecutive year of GATX paying out dividends.
Dividend-paying stocks provide a solid income stream and have fewer chances of experiencing wild price swings. Dividend stocks, like MATX, are safe bets for creating wealth, as the payouts generally act as a hedge against economic uncertainty like the current scenario.
<a href="https://www.zacks.com/stock/news/2294793/matson-matx-rewards-shareholders-with-6-3-dividend-hike?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2294793">To read this article on Zacks.com click here.</a>

Events

Analyst Ratings

Trading Ideas

GATX

MATX

Matson Rewards Shareholders With 6.3% Dividend Hike

In the latest quarter, 18 analysts provided ratings for FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for FedEx, revealing an average target of $317.78, a high estimate of $359.00, and a low estimate of $215.00. Witnessing a positive shift, the current average has risen by 1.89% from the previous average price target of $311.88.
<img src="https://www.benzinga.com/files/images/story/2024/1719522052_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of FedEx by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Eade</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$335.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Patrick Tyler Brown</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$335.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Christian Wetherbee</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$300.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>J. Bruce Chan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$327.00</td>
<td>$303.00</td>
</tr>
<tr>
<td>Brian Ossenbeck</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$359.00</td>
<td>$296.00</td>
</tr>
<tr>
<td>Daniel Imbro</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$325.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$339.00</td>
<td>$318.00</td>
</tr>
<tr>
<td>Jordan Alliger</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$333.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$215.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Ken Hoexter</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$347.00</td>
<td>$340.00</td>
</tr>
<tr>
<td>Garrett Holland</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$340.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Patrick Tyler Brown</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$318.00</td>
<td>$351.00</td>
</tr>
<tr>
<td>Christian Wetherbee</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$275.00</td>
<td>-</td>
</tr>
<tr>
<td>Brian Ossenbeck</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$296.00</td>
<td>$301.00</td>
</tr>
<tr>
<td>Thomas Wadewitz</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$333.00</td>
<td>$340.00</td>
</tr>
<tr>
<td>J. Bruce Chan</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$303.00</td>
<td>$306.00</td>
</tr>
<tr>
<td>Ken Hoexter</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$340.00</td>
<td>$346.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to FedEx. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of FedEx compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of FedEx's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into FedEx's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FDX/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on FedEx analyst ratings.</a>
<h2>All You Need to Know About FedEx</h2>
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
<h3>FedEx: Financial Performance Dissected</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: FedEx displayed positive results in 3 months. As of 31 May, 2024, the company achieved a solid revenue growth rate of approximately 1.71%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: FedEx's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.67% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): FedEx's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.46%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): FedEx's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.7% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: FedEx's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.37.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For FedEx

Argus Research analyst John Eade maintains FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) with a Buy and raises the price target from $325 to $335.

Price Target

Argus Research Maintains Buy on FedEx, Raises Price Target to $335

On Tuesday, FedEx Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) surpassed Wall Street estimates with its top and bottom line fiscal fourth quarter financials.&nbsp;
<h3>Fiscal Fourth Quarter Highlights</h3>
For the quarter ended on May 31st, FedEx reported revenue grew slightly on a YoY basis to&nbsp;$22.1 billion, surpassing LSEG&rsquo;s consensus estimate of&nbsp;$22.07 billion. FedEx earned a net income of&nbsp;$1.47 billion, or $5.94 per share&nbsp;while adjusted earnings per share of&nbsp;$5.41&nbsp;surpassed LSEG&rsquo;s estimate of&nbsp;$5.35.&nbsp;Express&nbsp;segment&rsquo;s margins&nbsp;were at&nbsp;4.1%, unchanged&nbsp;on a YoY basis, with the segment&nbsp;struggling with margin growth throughout&nbsp;the past year.
<h3>Fiscal 2024 Highlights</h3>
For the full fiscal year, FedEx managed to lower capital spending by 16% YoY to&nbsp;&nbsp;$5.2 billion,&nbsp;which is also better than its own forecast of&nbsp;$5.7 billion&nbsp;as it honors its commitment to cut&nbsp;$4 billion&nbsp;in costs&nbsp;by the end of fiscal 2025.&nbsp;To cut costs,&nbsp;FedEx enacted its DRIVE transformation program&nbsp;in response to soft freight demand.&nbsp;The&nbsp;operating margin for&nbsp;the Express segment rose slightly from last year&rsquo;s 2.5% to&nbsp;2.6%.
<h3>Outlook</h3>
For the fiscal year 2025, FedEx expects revenue to grow in low to mid single digits on the back of e-commerce outpacing B2B growth, along with low-inventory levels.&nbsp;FedEx&nbsp;expects a moderate improvement of the&nbsp;demand environment&nbsp;throughout the fiscal year. Improving the Express segment remains a priority. Back in April, FedEx lost its U.S. Postal Service contract to its rival, United Parcel Service Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ups#NYSE">UPS</a>) who expects a dramatic increase of profits this year. UPS is expecting a wild ride in 2024 after a challenging 2023, as it will become&nbsp;the primary air cargo provider for USPS&nbsp;as of September 30th&nbsp;which is when FedEx&rsquo;s engagement contract will expire. Moreover, UPS will save $1 billion in costs by cutting 12,000 jobs this year. Delivery volumes are expected to recover with UPS expected to report increased volumes, revenue growth and eased cost comparisons during the second half of the year. Moreover, UPS is going after healthcare as well as small and medium-sized businesses to grow its revenue and margins from 2025 and beyond, while boosting its productivity with automation and smart facilities. Therefore, FedEx should expect stronger competitive headwinds.
Cost savings undoubtedly remain a key focus.&nbsp;
FedEx&nbsp;CEO Raj Subramaniam&nbsp;emphasized that the&nbsp;target of $1.8 billion in structural cost cuts&nbsp;in fiscal year&nbsp;2024&nbsp;has been reached. In addition of being on track to achieve its cost-cutting goal, FedEx&nbsp;expects&nbsp;an additional&nbsp;$2 billion from&nbsp;the consolidation of&nbsp;its air and ground services.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

General

FedEx's Fiscal Q4 Results Show It's On Track To Honor Its Cost Cutting Commitment

Wall Street experienced a mixed session on Wednesday, as investors adopted a cautious stance following Tuesday&#8217;s gains while awaiting key economic data releases later this week, including the Fed&#8217;s preferred inflation <a href="https://www.benzinga.com/topic/inflation">report due on Friday.</a>
At noon in New York, major U.S. averages traded flat, showing a lack of direction. Notably, 10 out of 11 sectors in the S&amp;P 500 were in the red, with consumer discretionary being the only sector to post gains. Small caps fell by 0.3%, while blue chips edged up by 0.1%.
The semiconductor industry failed to continue its rebound, as the iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) dropped 1%, with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) down 2%.
Treasury yields rose, particularly at the long end of the curve, with both 10-year and 30-year yields increasing by 5-6 basis points, as traders slightly trimmed bets on a September rate cut. 
The dollar gained further traction against a basket of major currencies, with the U.S. dollar index (DXY) eyeing its highest close since April 30.
Notably, the dollar-yen pair rose past 160, marking the weakest level for the Japanese currency since December 1987, as traders continued to test<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39506069/yen-plummets-to-160-against-dollar-lowest-since-december-1986-is-bank-of-japan-inte"> Bank of Japan&#8217;s policies.</a>
Commodities were softer overall, with gold retracing 0.9% amid higher yields and a stronger greenback, natural gas dropping 2.7%, while oil prices edged up by only 0.2%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was 1% lower at $61,150, failing to sustain Tuesday&#8217;s 2.5% rise.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In US Major Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,157.26</td>
<td>0.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,469.79</td>
<td>0.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,702.27</td>
<td>0.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,019.85</td>
<td>-0.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:10 p.m. ET</figcaption></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062624&amp;t=be2bearmibe3na1">According to Benzinga Pro data:</a>
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was flat at $544.86.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;was 0.1% higher to $391.47.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) was 0.1% higher to $479.66.</li>
<li>Sector-wise, the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)&nbsp;outperformed, up by 1.4%, while the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, falling 0.9%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 3.8% eyeing the highest close since March 1. Stifel analyst Stephen Gengaro initiated coverage on Tesla late Tuesday with a Buy rating, setting <a href="https://www.benzinga.com/news/24/06/39505959/why-tesla-stock-is-trading-higher-wednesday-very-well-positioned-to-deliver-robust-multi-year-growth#:~:text=%E2%80%9CWe%20believe%20TSLA%20is%20very,sales%20in%20the%20near%20term.">a price target of $265.</a></li>
<li>Amazon.com Inc. also rallied 3.8% to $220, reaching the $2 trillion market valuation mark. Bank of America raised price target on the retail giant from $210 to $220.</li>
<li>Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) soared 20% after German automaker Volkswagen AG announced a $5 billion investment on a joint venture. </li>
<li>Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) rallied over 3% after several analysts raised their price target on the cruise line. </li>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) skyrocketed over 14% on its strongest session in two years, reacting to positive quarterly results.</li>
<li>Other companies reacting to earnings were Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>), up over 8%, Paychex Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>), down 5.6% and General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>), down 4.6%. </li>
<li>Large-cap companies slated to report earnings after the close include Micron Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) and Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>). </li>
</ul>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39502910/elon-musk-could-sell-at-least-100-000-new-lower-cost-models-next-year-tesla-has-ove">Elon Musk Could Sell At Least 100,000 New Lower-Cost Models Next Year: &#8216;Tesla Has Over 50% Share Of The US EV Market&#8217;</a>
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Earnings

Macro Economic Events

Macro Notification

Market Summary

Mid Cap

Commodities

Small Cap

Federal Reserve

$BTC

SPDR Dow Jones Industrial Average ETF Trust

LEVI

PAYX

PRGS

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

XLRE

Select Sector SPDR-Consumer Discretionary

Wall Street Wavers, Nvidia Resumes Losses, Tesla Eyes 4-Month High Close, Amazon Hits $2 Trillion Value: What's Driving Markets Wednesday?

Transportation company FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) was sized up by analysts after reporting fourth-quarter results<a href="https://www.benzinga.com/news/earnings/24/06/39490170/fedex-q4-earnings-highlights-shares-surge-on-revenue-beat-guidance-2-5-billion-buyback-freight-stra"> that beat estimates.</a>
The FedEx Analysts: Goldman Sachs analyst Jordan Alliger had a Buy rating and raised the price target from $316 to $333.
Bank of America analyst Ken Hoexter had a Buy rating and raised the price target from $340 to $347.
Morgan Stanley analyst Ravi Shanker had an Equal-weight rating and raised the price target from $210 to $215.
Oppenheimer analyst Scott Schneeberger had a Perform rating and no price target.
Stifel analyst J. Bruce Chan had a Buy rating and raised the price target from $303 to $327.
Stephens analyst Daniel Imbro had an Overweight rating and $325 price target.
Raymond James analyst Patrick Tyler Brown had an Outperform rating and raised the price target from $300 to $335.
Related Link: <a href="https://www.benzinga.com/news/earnings/24/06/39504381/fedex-stock-is-delivering-gains-wednesday-whats-going-on">FedEx Stock Is Delivering Gains Wednesday: What&#8217;s Going On?</a>
Goldman Sachs on FedEx: The company reported better than expected results with operating income in all three key business segments beating estimates, Alliger said.
"We were reasonably encouraged as well that the YOY monthly volumes ended on generally positive note," Alliger said.
The analyst said the company had an attractive valuation based on price-to-earnings metrics and has strong future catalysts.
"We think the shares should continue to react well to the EPS print, as well as management's guidance for FY 25 EPS."
Bank of America on FedEx: Strong cost savings from FedEx and the assessment of FedEx Freight were key highlights from the earnings report for Hoexter.
The analyst said FedEx saying it was conducting a review of FedEx freight was a surprise.
"We see momentum in structural cost takeout and potential value unlock from its strategic review of FedEx Freight," Hoexter said.
The analyst said FedEx Express volumes were below estimates and the company indicated it has not seen an increase in demand.
Morgan Stanley on FedEx: Fourth quarter results beat estimates, but the results were mixed by segment, Shanker said.
"There may still be a big gap to what is priced into the stock," Shanker said.
The analyst said FedEx Ground and FedEx Express missed several metrics during the quarter.
"We had previewed that F4Q may matter more than usual this year given the potential for payback from the F3Q surprise beat."
The analyst said FedEx did not provide much new information during the fourth quarter results. Shanker thinks the stock is trading higher based on the announced strategic review of FedEx Freight and potential short covering.
Oppenheimer on FedEx: Fourth quarter results were "solid" and guidance was "appropriate," Schneeberger said in a new investor note.
The analyst calls the strategic assessment of FedEx Freight "intriguing."
"The company has aggressively commenced multi-year expense reduction initiatives and its adjusted operating income has been improving despite a declining revenue environment," Schneeberger said.
Stifel on FedEx: New guidance for fiscal 2025 is above Street forecasts and shows consistency with strong execution of cost savings, Chan said.
"But the big news is FedEx Freight is under strategic portfolio review – likely a spinoff, in our view," Chan said.
The analyst said the freight division went from being a "family outcast" to the most profitable division in the portfolio. Chan said the potential freight spinoff is a "tantalizing opportunity for investors."
"With peer valuations at nearly double that of FedEx, such a move makes sense to us."
Stephens on FedEx: Better profitability for FedEx's Ground and Freight segments helped beat consensus estimates, Imbro said.
The analyst said FedEx had "softer margins" for the FedEx Express segment.
"Looking ahead to fiscal 2025, preliminary adj. EPS guidance of $20-$22 is ahead of investor expectations," Imbro said.
Raymond James on FedEx: A focus on attacking costs has paid off for management, Brown said.
"We believe palpable change is afoot as FDX's DRIVE initiatives continue taking hold likely driving better margins, earnings, and FCF in out years than appreciated," Brown said.
The analyst said the announced strategic review of FedEx Freight could show a continued focus on driving shareholder value.
"We believe management's shift toward integrating its Express &amp; Ground offering, its focus on attacking costs across various buckets, enhanced capital allocation scrutiny, and a more shareholder-friendly capital return program all set the stage to drive improved shareholder returns,&#8221; the analyst said.
FDX Price Action: FedEx shares are up 14.75% to $294.20 on Wednesday. The stock hit a new 52-week high of $294.68 during Wednesday's trading session.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/06/39455149/how-to-earn-500-a-month-from-fedex-stock-ahead-of-q4-earnings" target="_blank" rel="noreferrer noopener">How To Earn $500 A Month From FedEx Stock Ahead Of Q4 Earnings</a>
Photo: Shutterstock

Analyst Color

Reiteration

FedEx Q4 Results 'Solid,' 2025 Guidance 'Appropriate,' Freight Spinoff 'Tantalizing Opportunity For Investors': 7 Analysts Size Up Results, What's Next

FedEx (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.34 per share. This compares to earnings of $4.94 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.31%. A quarter ago, it was expected that this package delivery company would post earnings of $3.49 per share when it actually produced earnings of $3.86, delivering a surprise of 10.60%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo industry, posted revenues of $22.11 billion for the quarter ended May 2024, missing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $21.93 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
FedEx shares have added about 1.4% since the beginning of the year versus the S&amp;P 500&#39;s gain of 14.2%.
What&#39;s Next for FedEx?
While FedEx has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for FedEx: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $4.79 on $22.26 billion in revenues for the coming quarter and $20.34 on $90.39 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Transportation - Air Freight and Cargo is currently in the bottom 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Transportation sector, JB Hunt (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jbht#NASDAQ">JBHT</a>), has yet to report results for the quarter ended June 2024.
This trucking and logistics company is expected to post quarterly earnings of $1.57 per share in its upcoming report, which represents a year-over-year change of -13.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
JB Hunt&#39;s revenues are expected to be $3.09 billion, down 1.2% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2293156/fedex-fdx-q4-earnings-surpass-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2293156">To read this article on Zacks.com click here.</a>

Earnings Beats

JBHT

FedEx Q4 Earnings Surpass Estimates

Raymond James analyst Patrick Tyler Brown maintains FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) with a Outperform and raises the price target from $300 to $335.

Raymond James Maintains Outperform on FedEx, Raises Price Target to $335

Oppenheimer analyst Scott Schneeberger maintains FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from Perform to Perform.

Oppenheimer Maintains Perform on FedExto Perform

Wells Fargo analyst Christian Wetherbee maintains FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) with a Equal-Weight and raises the price target from $275 to $300.

Wells Fargo Maintains Equal-Weight on FedEx, Raises Price Target to $300

FedEx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) shares are trading higher Wednesday after the company reported better-than-expected financial results and announced intentions to <a href="https://www.benzinga.com/news/earnings/24/06/39490170/fedex-q4-earnings-highlights-shares-surge-on-revenue-beat-guidance-2-5-billion-buyback-freight-stra">repurchase billions of its stock</a>.
<ul>
<li>Q4 Revenue: $22.1 billion, beat <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $22.056 billion</li>
</ul>
<ul>
<li>Q4 EPS: $5.41, beat estimates of $5.37</li>
</ul>
FedEx Ground operating results increased due to reduced structural costs. FedEx Freight operating results increased due to higher yield and effective cost management. FedEx Express operating results declined primarily due to lower international yields. Overall revenue, operating income and operating margins increased on a year-over-year basis.
&#8220;These results are unprecedented in this current environment, reflecting our continued execution of our DRIVE initiatives and our resolve to transform FedEx while we deliver outstanding service to our customers,&#8221; said Raj Subramaniam, president and CEO of FedEx.
&#8220;We expect this momentum to continue in fiscal 2025 as we advance our efforts to create the world&#8217;s most flexible, efficient, and intelligent network.&#8221;
Outlook: FedEx sees full-year 2025 revenue growing in the low-to-mid single-digit percentage range. The company expects earnings of $18.25 per share to $20.25 per share in fiscal 2025.
FedEx also noted that it plans to repurchase $2.5 billion of its shares in fiscal 2025. The company currently has $5.1 billion remaining under its buyback program.
See Also: <a href="https://www.benzinga.com/news/earnings/24/06/39490170/fedex-q4-earnings-highlights-shares-surge-on-revenue-beat-guidance-2-5-billion-buyback-freight-stra">FedEx Q4 Earnings Highlights: Shares Surge On Revenue Beat, Guidance, $2.5-Billion Buyback, Freight Strategic Review</a>
Analyst Changes: Multiple analysts raised price targets on the stock following the print.
<ul>
<li>Baird analyst Garrett Holland maintained FedEx with an <a href="https://www.benzinga.com/analyst-stock-ratings">Outperform</a> and raised the price target from $325 to $340.</li>
</ul>
<ul>
<li>B of A Securities analyst Ken Hoexter maintained FedEx with a Buy and raised the price target from $340 to $347.</li>
</ul>
<ul>
<li>Morgan Stanley analyst Ravi Shanker maintained FedEx with an Equal-Weight and raised the price target from $210 to $215.</li>
</ul>
<ul>
<li>Goldman Sachs analyst Jordan Alliger maintained FedEx with a Buy and raised the price target from $316 to $333.</li>
</ul>
<ul>
<li>Evercore ISI Group analyst Jonathan Chappell maintained FedEx with an Outperform and raised the price target from $318 to $339.</li>
</ul>
FDX Price Action: FedEx shares were up 12.4% at $288.10 at the time of writing Wednesday morning, per <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Photo: Shutterstock.

FedEx Stock Is Delivering Gains Wednesday: What's Going On?

Benzinga Market Summary: FedEx Jumps On Strong Earnings, Visa-Mastercard Swipe Fee Settlement Reportedly Rejected, General Mills Falls On Revenue Miss

Stifel analyst J. Bruce Chan reiterates FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) with a Buy and raises the price target from $303 to $327.

Stifel Reiterates Buy on FedEx, Raises Price Target to $327

JP Morgan analyst Brian Ossenbeck upgrades FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from Neutral to Overweight and raises the price target from $296 to $359.

Upgrades

JP Morgan Upgrades FedEx to Overweight, Raises Price Target to $359

Trending stocks of the week: MU, DJT, RIVN, AMZN and more

Earnings Scorecard: Nike loses air after shocker results send shares sliding

Surveillance network: FedEx, retailers said to be sharing AI camera feeds with cops

FedEx Q4: Turnaround Taking Hold

FedEx: DRIVE Initiative Has Exceeded My Expectations, For Now

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
There are multiple signs that robots are already being used on a very wide scale and will soon proliferate throughout society. For example, Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) <a href="https://www.notateslaapp.com/news/2073/tesla-deploys-two-optimus-robots-in-factory">recently reported that it</a> had begun successfully using two of its humanoid, artificial intelligence-powered autonomous robots in one of its factories. Moreover, Tesla CEO Elon Musk stated that robots could one day generate more revenue than automobiles. And as of June 2023, Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>) <a href="https://www.businessinsider.com/amazon-warehouse-robots-expansion-proteus-hercules-jobs-workers-2024-5">was utilizing</a> 750,000 robots in its warehouses and fulfillment centers, up from 350,000 in 2021.



What&rsquo;s more, robots now <a href="https://emag.medicalexpo.com/medica-2023-medical-robots-and-the-automated-healthcare-space/">carry out many functions in healthcare,</a> including assistance with surgeries, supply delivery, and cleaning. According to one report, the global robotics market <a href="https://blog.benchmarkcorporate.com/2024-robotics-industry-report#:~:text=The%20global%20robotics%20market%20was,billion%20between%202024%20and%202032.">generated revenue</a> of $46 billion last year and will grow at a compound annual rate of 15% over the next eight years. As a result, the sector is expected to be worth nearly $170 billion in 2032.



Here are the three best robotics stocks to buy now.



<h2>iRobot (IRBT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/irbt1600-300x169.png" alt="In this photo illustration the iRobot Corporation (IRBT) logo seen displayed on a smartphone screen"><div>Source: rafapress / Shutterstock.com</div></div>Amazon reportedly wanted to buy iRobot (NASDAQ:<a href="https://investorplace.com/stock-quotes/irbt)-stock-quote/">IRBT)</a>, which specializes in making robotic vacuum cleaners, to access the information the company&rsquo;s products had gathered about the layout of consumers&rsquo; homes. According to iRobot&rsquo;s founder and former CEO, &nbsp;Colin Angle, the <a href="https://www.theverge.com/2022/5/31/23147761/irobot-os-intelligent-software-robot-vacuums">company&rsquo;s operating system</a> &ldquo;can identify more objects than any other robot vacuum.&rdquo; It can purportedly comprehend features of users&rsquo; homes better than the firm&rsquo;s previous operating systems.



Amid opposition to the deal from regulators, Amazon eventually backed out of the transaction. The e-commerce giant likely wanted to buy iRobot to tailor its products and marketing efforts more precisely to each consumer&rsquo;s home. On its own, iRobot can use its operating system to enhance the performance of other robotic devices that it can sell in the future.



&ldquo;Other iRobot OS devices could have access to (the data), and through this shared understanding of the home, know how they&rsquo;re supposed to operate,&rdquo; Angle, who is no longer with the company, explained in 2022.



What&rsquo;s more, iRobot <a href="https://finance.yahoo.com/quote/IRBT/key-statistics/">now has a tiny</a> price-to-sales ratio of just 0.3x, and in May, it appointed a promising new CEO, Gary Cohen. In his previous role as CEO of Qualitor Automotive, Cohen <a href="https://seekingalpha.com/pr/19715945-irobot-names-gary-cohen-new-chief-executive-officer?hasComeFromMpArticle=false&amp;source=section%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews">increased</a> &ldquo;sales and profits by approximately 100% through the design of proprietary wiper technologies, improved supply chain and operations, and the (launch of ) an omnichannel strategy,&rdquo; iRobot reported.



iRobot&rsquo;s huge potential and tiny valuation make it one of the best robotics stocks to buy. 



<h2>Symbotic (SYM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/sym1600-300x169.png" alt="Person holding smartphone with website of US robotics warehouse company Symbotic Inc. on screen with logo. Focus on center of phone display. Unmodified photo. SYM stock"><div>Source: T. Schneider / Shutterstock.com</div></div>As <a href="https://www.nasdaq.com/articles/undiscovered-stocks-unleashed-3-names-crowd-hasnt-caught-yet">I&rsquo;ve reported previously, </a>Symbotic (NASDAQ:<a href="https://investorplace.com/stock-quotes/sym-stock-quote/">SYM</a>) provides autonomous industrial robots powered by its proprietary AI software. These days, its robots are primarily used in warehouses. Among its impressive customers are Walmart (NYSE:<a href="https://investorplace.com/stock-quotes/wmt-stock-quote/">WMT</a>), FedEx (NYSE:<a href="https://investorplace.com/stock-quotes/fdx-stock-quote/">FDX</a>) and Target (NYSE:<a href="https://investorplace.com/stock-quotes/tgt-stock-quote/">TGT</a>).



On May 8, after Symbotic&rsquo;s strong fiscal second-quarter financial report, Deutsche Bank <a href="https://www.fool.com/investing/2024/05/08/symbotic-stock-is-headed-to-58-according-to-1-wall/">hiked its price target on the shares to</a> $58, well above the shares&rsquo; current level of just over $35. The bank, which kept a &ldquo;buy&rdquo; rating on the shares, notes that the company&rsquo;s robots help its customers utilize less storage space while reducing the amount of money they spend on warehouses. Deutsche Bank believes the firm&rsquo;s products can meaningfully change the logistics sector.



Also noteworthy <a href="https://seekingalpha.com/article/4694410-symbotic-stock-q2-2024-results-maintaining-growth-trajectory?source=section%3Asummary%7Csection_asset%3Aanalysis_analysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A2">is that the company generated</a> free cash flow of $18 million last quarter, while its EBITDA margin, excluding certain items, was 5.3%, up from 3.5% during the previous quarter.



<h2>Intuitive Surgical (ISRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/isrg-stock-300x169.jpg" alt='An image of a white, grey, and orange sign with the "Intuitive Surgical" logo and number "1020" on a patch of grass in front of a white, grey, and orange building on a sunny day.'><div>Source: michelmond / Shutterstock.com</div></div>A leading developer of robotic-assistance devices for surgeons, Intuitive Surgical (NASDAQ:<a href="https://investorplace.com/stock-quotes/isrg-stock-quote/">ISRG</a>) <a href="https://seekingalpha.com/article/4694970-intuitive-surgical-hope-for-a-resurgence-in-operational-leverage?source=section%3Asummary%7Csection_asset%3Aanalysis_analysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1">reported that the number of surgical procedures</a> in which its products were used jumped 16% in the first quarter versus the same period a year earlier. Moreover, the firm now expects the metric to climb 14% to 17% for the entire year.



Also noteworthy is that, since the end of the coronavirus pandemic, Intuitive&rsquo;s operating income, excluding certain items, advanced at an impressive compound annual growth rate of about 16%.



As <a href="https://investorplace.com/2024/06/the-3-best-medical-device-stocks-to-buy-in-june-2024/">I noted in a</a> previous column, the new version of the company&rsquo;s flagship robotic assistance system was recently approved by the Food and Drug Administration and <a href="https://www.intuitive.com/en-us/products-and-services/da-vinci/5">features many improvements</a>&nbsp;over the previous iteration.



Finally, Bank of America<a href="https://seekingalpha.com/news/4118894-the-best-of-breed-global-stocks-for-3q2024-bofa?source=section%3Asummary%7Csection_asset%3Anews_news%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1"> recently identified</a> Intuitive as one of 26 &ldquo;best of breed &ldquo;stocks.



Intuitive&rsquo;s market-leading position and strong growth make it one of the best robotic stocks to buy. 



On the date of publication, Larry Ramer held a LONG position in AMZN. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://url.us.m.mimecastprotect.com/s/AAadCPNlWWs3yKYns0yRM6?domain=investorplace.com/">Publishing Guidelines</a>.



On the date of publication, the responsible editor held a LONG position in AMZN.
<div>Larry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel&rsquo;s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been SMCI, INTC, and MGM. You can reach him on Stocktwits at @larryramer.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/07/the-3-best-robotics-stocks-to-buy-in-july-2024/">The 3 Best Robotics Stocks to Buy in July 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The 3 Best Robotics Stocks to Buy in July 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The reduction in consumer spending and increase in prices <a href="https://www.irmagazine.com/investor-perspectives/rates-inflation-and-recession-what-investors-will-be-focused-2024-according#:~:text=Challenging%20growth%20with%20risk%20of,consumer%20spending%20and%20policy%20normalization.">has shaken</a> most of the consumer brands in the U.S. These trends have left most average Americans spending more on necessities such as groceries. Most non-necessary consumer brands have been forced to bear the brunt of the slowing economy.&nbsp;



However, these three recession-proof consumer brands are proving resilient in the face of the biting economy. Crushing market estimates, they strongly indicate improved earnings. Whether through strategic business decisions or favorable market conditions, these consumer brands are beating all experts&rsquo; earning estimates.&nbsp;



Let&rsquo;s get a glimpse of the reasons these recession-proof consumer brands are crushing earning estimates. And how do analysts expect them to perform amid a slowing economy?&nbsp;



<h2>FedEx Corporation (FDX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/fdx1600-300x169.jpg" alt="A FedEx employee loads a FedEx Express truck in Manhattan."><div>Source: Antonio Gravante / Shutterstock.com</div></div>Memphis-based FedEx Corporation (NYSE:<a href="https://investorplace.com/stock-quotes/fdx-stock-quote/">FDX</a>) is a household name in the U.S. Known for its transportation and e-commerce business outfits, it was among the first delivery companies to initiate overnight delivery.&nbsp;



FDX has performed extremely well in the recent past amid market conditions. Favorable industry trends such as an increase in the e-commerce industry and the growing consumer preference for door delivery have boosted growth and expansion.&nbsp;



The company&rsquo;s Q4 EPS HIT $5.41, <a href="https://www.nasdaq.com/articles/fedex-fdx-q4-earnings-surpass-estimates-revenues-lag#:~:text=FedEx%20Corporation's%20FDX%20fourth%2Dquarter,improved%209.5%25%20year%20over%20year.">crushing earning estimates</a> of $5.34. Also, it marks a year-over-year (YOY) increase of 9.5%. While FDX&rsquo;S revenue of $22.109 billion fell short of earring estimates of $22.115 billion, it still represented a 0.8% increase from last year&rsquo;s fourth-quarter earnings.&nbsp;



As one of the recession-proof consumer brands driving revenue growth in all its segments, analysts expect 2025 to be even better for the company. FedEx Corporation&rsquo;s revenue is expected to grow by a low-to-mid single-digit percentage YOY, while EPS is expected to hit a record $18.25 to 20.25.&nbsp;



<h2>General Motors (GM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/gm1600a-300x169.jpg" alt="General Motors (GM) headquarters building with blue GM logo"><div>Source: Linda Parton / Shutterstock.com</div></div>General Motors (NYSE:<a href="https://investorplace.com/stock-quotes/gm-stock-quote/">GM</a>) needs no introduction. The Detroit-based multinational automotive manufacturing company is the largest automaker in the U.S. by sales. The company is known for its four major brands of Chevrolet, Cadillac, GMC and Buick.&nbsp;



Even as the economy and consumer spending slow, GM has proven resilient. The company reports an <a href="https://www.barchart.com/stocks/quotes/GM/earnings-estimates">EPS of $2.62 in the quarter ending March 2024</a> against an estimate of $2.08. And, it is expected to reach $9.54 by the last quarter of 2025. GM stock also recently hit a 52-week high of $49.35



GM&rsquo;s record-breaking performance has been attributed to several strategic decisions that have so far paid off. The company announced a <a href="https://www.nasdaq.com/articles/general-motors-gm-hits-52-week-high-few-business-updates">$6 billion stock repurchase authorization</a>, a strategic move to efficiently deploy capital and improve shareholders&rsquo; profits.



Also, the company is scaling back on its electric vehicle (EV) department, aligning its production output with the projected decrease in EV demand. The U.S. EV demand is expected to account for only 8% of the total automotive sales in the U.S. in 2024, down from the projected 10%.&nbsp;



Likewise, GM expects to produce 250,000 EV units, down from the anticipated 300,000. Also, the company is streamlining operations in its autopilot percussion line, Cruise, which has yet to break even.&nbsp;



<h2>Chipotle Mexican Grill (CMG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/06/cmg1600-3-300x169.png" alt="Chipotle restaurant store exterior sign and storefront. CMG stock"><div>Source: Robert V Schwemmer / Shutterstock.com</div></div>Chipotle Mexican Grill (NYSE:<a href="https://investorplace.com/stock-quotes/cmg-stock-quote/">CMG</a>) is a fast food chain restaurant known for its fast casual dining establishments. With over 3,200 establishments, CMG is one of the leading players in the fast-food industry in the U.S.



In February, Chipotle Mexican Grill reported its quarterly earnings, <a href="https://www.cnbc.com/2024/02/06/chipotle-mexican-grill-cmg-q4-2023-earnings.html#:~:text=Chipotle%20earnings%20crush%20estimates%20as%20restaurant%20traffic%20grows%207.4%25,-Published%20Tue%2C%20Feb&amp;text=Chipotle%20easily%20beat%20earnings%20expectations,wide%20trend%20of%20declining%20visits.">noting an EPS of $10.63 adjusted</a> compared to Wall Street estimates of $9.75. And, it reported a revenue of $2.52 billion against an expected $2.49 billion. Fourth-quarter net revenue hit $282.1 million, up from $223.7 million the previous year.&nbsp;



According to Forbes findings, American households spend about <a href="https://www.forbes.com/sites/johntobey/2024/03/28/25-food--dining-inflation-indicates-recession/?sh=1cbcc87b2f96">14% of their income on food</a>. Further, the percentage of this amount spent on fast food has <a href="https://www.forbes.com/sites/johntobey/2024/03/28/25-food--dining-inflation-indicates-recession/?sh=1cbcc87b2f96">declined by 5% to 40%</a> due to a reduction of consumer purchasing power. So, many people are opting for grocery shopping instead. So why is the company still crushing earning estimates?&nbsp;



Chipotle Mexican Grill has undertaken some major strategic investments in its product offerings by returning the popular carne asada to its menu. Additionally, it is increasing employee training and hiring within its restaurants. These moves have seen an increase in foot traffic by over 7.4% in the quarter.&nbsp;



With such numbers, Chipotle will not slow down any time soon. It is one of the recession-proof consumer brands that is expected to grow and expand in 2025.



On the date of publication, Joel Lim did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Joel Lim is a contributor at InvestorPlace.com and a finance content contractor who creates content for several companies like LTSE and Realtor, along with financial publications, including Business Insider, Yahoo Finance, Mises Institution and Foundation for Economic Education.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/07/3-recession-proof-consumer-brands-crushing-earnings-estimates/">3 Recession-Proof Consumer Brands Crushing Earnings Estimates</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Recession-Proof Consumer Brands Crushing Earnings Estimates

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Surprise positive earnings by FedEx (NYSE:<a href="https://investorplace.com/stock-quotes/fdx-stock-quote/">FDX</a>) sent its stock soaring nearly 20% last week. The package delivery specialist easily beat Wall Street&rsquo;s fiscal fourth-quarter revenue and earnings estimates, helping to lift shares to one of its best one-day performances.



A $2.5 billion stock buyback announcement and potential spin-off boosted FedEx stock. In fact, shares are higher than they have been at any time since the pandemic, indicating the package delivery leaders on the road to recovery.



<h2>Package Delivery and FedEx Stock</h2>



It has been a challenging ride higher for FedEx stock. Several times over the past five years, even before the global health care crisis, its stock fell sharply as volume declined. Shares dropped 50% between its 2021 high and its late-2022 low. But FedEex has been on the road to growth since



Mind you, the <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1048911/000095017024077290/fdx-20240625.htm">current quarterly earnings report</a> wasn&rsquo;t the blowout the stock&rsquo;s reaction suggested. Revenue grew 1% to $22.1 billion generating adjusted profits of $5.41 per share, a 9.5% gain.



That came about as the package delivery company continued to right-size its business. 



It gained 67 cents on business optimization costs although that was more than offset by mark-to-market adjustments made to its retirement plans that cost it $1.72 per share. 



Still, it improved operating margins to 7% from 6.9% last year.



It marked the fourth consecutive quarter of expanding its operating income and margins despite the challenging revenue environment it finds itself in. Average daily packages fell 1% to almost 5.4 million.&nbsp;



Rival UPS (NYSE:<a href="https://investorplace.com/stock-quotes/ups-stock-quote/">UPS</a>) is scheduled to report fiscal first-quarter 2025 earnings later this month. Wall Street is looking for a 6.6% increase in revenue and a 32% gain in profits.



<h2>Spin-Off Opportunity</h2>



What may have excited investors most was FedEx&rsquo;s plans to calve off the LTL division. The FedEx Freight business saw a 2% increase in revenue to $2.3 billion generating a 13% increase in operating income to $506 million. 



The freight unit is one of FedEx&rsquo;s more profitable businesses so spinning it off could pay substantial dividends for investors.



Freight produced $1.9 billion in operating in fiscal 2023, a 16% increase from the year before, with margins of 20% or more than twice what the next unit generated. Separating the unit could unlock significant value for shareholders.



Old Dominion Freight Lines (NASDAQ:<a href="https://investorplace.com/stock-quotes/odfl-stock-quote/">ODFL</a>), the <a href="https://investorplace.com/2024/06/silence-is-golden-3-overlooked-stocks-quietly-minting-millionaires/">second-largest LTL stock</a> behind FedEx, trades at 25 times next year&rsquo;s earnings. XPO Logistics (NYSE:<a href="https://investorplace.com/stock-quotes/xpo-stock-quote/">XPO</a>) goes for 22x estimates.



<h2>A Right-Sized Growth Engine</h2>



FedEx is still cutting its business down to size. The delivery stock is looking to fire as many as 2,000 employees in Europe. 



The cuts will cost the company between $250 million and $375 million over the next two years. Global shipping demand remains in decline following the pandemic boom.



Although <a href="https://www.census.gov/retail/ecommerce.html#:~:text=E%2Dcommerce%20sales%20in%20the,the%20fourth%20quarter%20of%202023.">e-commerce represents 15.9%</a> of all retail sales, according to the U.S. Census Bureau, that&rsquo;s down 17% from the fourth quarter of 2023. 



That was a record-high quarter for e-commerce, but the first quarter&rsquo;s results were also 980 basis points below the mid-pandemic peak.



As FedEx continues cutting costs and possibly spinning off its freight business, FDX stock looks more attractive. Even as it closes in on a new all-time high, it looks like open highways for future growth.



On the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L&rsquo;Express, and numerous other news outlets.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/2024/07/fedexs-turnaround-story-why-wall-street-is-betting-on-100-upside/">FedEx&#8217;s Turnaround Story: Why Wall Street Is Betting on 100% Upside</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FedEx's Turnaround Story: Why Wall Street Is Betting on 100% Upside

U.S. indicated dividend payments rose in Q2 led by Alphabet's initiation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The first half of the trading year is in the books, and by all accounts, it was a resounding success. The benchmark S&amp;P 500 index rose 15% from January through the end of June, hitting all-time highs on 31 separate occasions. Market analyst Charlie Bilello notes that, at 5,460, the S&amp;P 500 ended the first half of 2024 above every single <a href="https://bilello.blog/2024/the-week-in-charts-7-1-24">year-end price target</a> on Wall Street.



The takeaway is that this market has defied expectations and in a big way. While it&rsquo;s hard to know where the market will go in the year&rsquo;s second half, some stocks look like good bets as we head into July. A number of stocks are benefitting from positive catalysts and appear to have momentum as we make our way through the summer months and the year&rsquo;s third quarter. Here are the seven best stocks to buy in July 2024.



<h2>Rivian Automotive (RIVN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/rivn1600-8-300x169.png" alt="The front of a Rivian (RIVN) storefront is seen lined up with Rivian R1T and R1S model trucks out in front."><div>Source: Michael Berlfein / Shutterstock.com</div></div>Shares of Rivian Automotive (NASDAQ:<a href="https://investorplace.com/stock-quotes/rivn-stock-quote/">RIVN</a>) are in full recovery mode after it was announced that German automotive giant Volkswagen (ETR:<a href="https://investorplace.com/stock-quotes/vow3-stock-quote/">VOW3</a>) is <a href="https://www.barrons.com/articles/volkswagen-rivian-stock-buy-sell-17d77722">investing $5 billion</a> in the electric vehicle start-up company. Volkswagen&rsquo;s investment includes an initial injection of $1 billion. The additional $4 billion will be allocated to Rivian in stages through 2026. The investment creates a joint venture between VW and Rivian to see the two automakers work on electrical architecture and software technology.



Shares of Rivian soared 35% on news of the Volkswagen investment. The <a href="https://www.barrons.com/articles/rivian-stock-price-volkswagen-deal-1c41891b">cash infusion from Volkswagen</a> could not have come at a better time, as Rivian&rsquo;s stock had been under pressure this year due to the company&rsquo;s cash burn and mounting losses. The electric vehicle maker reported a net loss of $1.45 billion in the first quarter of 2024. While RIVN stock is now on the rise, it remains down 30% this year, suggesting that there is an opportunity for investors to take a stake and ride the share price higher.



<h2>Amazon (AMZN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/amzn_amazon_2_1600-300x169.png" alt="Closeup of the Amazon logo at Amazon campus in Palo Alto, California. The Palo Alto location hosts A9 Search, Amazon Web Services, and Amazon Game Studios teams. AMZN stock"><div>Source: Tada Images / Shutterstock.com</div></div>For the first time, E-commerce giant Amazon&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>) market capitalization has just surpassed $2 trillion. The company achieved the milestone as its stock finished trading on June 26 at $193.61 per share. Since then, AMZN stock has risen further, nearly above $200 a share. The company&rsquo;s stock has increased more than 30% this year, with analysts seeing more upside ahead and rating the stock as a &ldquo;<a href="https://www.barrons.com/articles/rivian-stock-price-volkswagen-deal-1c41891b">strong buy</a>.&rdquo;



Amazon&rsquo;s stock has been rising due to strong first-quarter financial results that showed the company&rsquo;s dominant cloud computing business was recovering after businesses cut back their spending during the pandemic. Earnings and share price are also benefitting from cost-cutting initiatives undertaken over the last two years. It has taken Amazon four years to go from a $1 trillion market valuation to $2 trillion. The median price target on the stock suggests <a href="https://www.investopedia.com/watch-these-amazon-price-levels-as-stock-reaches-usd2-trillion-market-cap-8670268">a further 12% upside</a> from current levels.



<h2>Federal Express (FDX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/fdx1600-300x169.jpg" alt="A FedEx employee loads a FedEx Express truck in Manhattan."><div>Source: Antonio Gravante / Shutterstock.com</div></div>A turnaround in FedEx&rsquo;s stock (NYSE:<a href="https://investorplace.com/stock-quotes/fdx-stock-quote/">FDX</a>) also looks to be underway after the shipping and logistics company reported financial results that beat analyst forecasts and raised its forward guidance. FDX stock has gained 20% in the past month after the company announced EPS of $5.41 versus the $5.35 that was expected. Revenue totaled $22.11 billion compared to $22.07 billion that was estimated on Wall Street.



The strong results at FedEx come as the company implements <a href="https://www.investopedia.com/fedex-q4-fy-2024-earnings-8668874">cost-cutting measures</a> as part of a plan to save $4 billion by the end of the 2025 fiscal year. Regarding guidance, FedEx raised the outlook for its current year, saying it expects low to mid-single-digit revenue growth mainly driven by e-commerce. Also in June, FedEx raised its quarterly dividend payment to shareholders by 10%, taking the distribution to $1.38 per share and giving the stock a yield of 1.85%.



FDX stock is up 18% this year.



<h2>Novo Nordisk (NVO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/nvo-stock-300x169.jpg" alt="Novo Nordisk logo on a corporate building. NVO stock"><div>Source: joreks / Shutterstock.com</div></div>Now would be an opportune time to take a position in pharmaceutical company Novo Nordisk (NYSE:<a href="https://investorplace.com/stock-quotes/nvo-stock-quote/">NVO</a>) after the company&rsquo;s popular weight loss drug &ldquo;Wegovy&rdquo; was <a href="https://www.reuters.com/business/healthcare-pharmaceuticals/novo-nordisk-says-semaglutide-approved-long-term-weight-management-china-2024-06-25/">approved for use in China</a>, the world&rsquo;s second largest economy with a population of 1.4 billion people. China&rsquo;s National Medical Products Administration has approved the weekly injectable drug, noting that half of China&rsquo;s population is considered overweight.



Wegovy will initially be available to people in China with a body mass index indicating obesity. Novo Nordisk&rsquo;s Ozempic diabetes medication was approved for use in China in 2021, and that drug&rsquo;s sales doubled in the country last year. Novo Nordisk struggled to keep up with the surging demand for its weight loss drugs before China&rsquo;s approval. To help ensure it can meet future demand, Novo Nordisk has announced that it is spending $4.1 billion to <a href="https://www.biopharminternational.com/view/novo-nordisk-targets-4-1-billion-expansion-of-us-manufacturing-capacity">expand its manufacturing capacity</a> in the U.S.



NVO stock has risen 40% in 2024 and is up 80% over the last 12 months.



<h2>Chipotle Mexican Grill (CMG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/06/cmg1600-1-300x169.png" alt="Chipolte Mexican Grill sign. Chipolte is a chain of casual dining restaurants specializing in burritos and tacos. CMG stock"><div>Source: Ken Wolter / Shutterstock.com</div></div>Shares of Chipotle Mexican Grill (NYSE:<a href="https://investorplace.com/stock-quotes/cmg-stock-quote/">CMG</a>) have pulled back 7% since the company enacted a <a href="https://www.investopedia.com/what-you-need-to-know-ahead-of-chipotle-50-for-1-stock-split-tuesday-8668063">50-for-1 stock split</a> on June 26. Investors may want to take advantage and buy the dip in this leading restaurant stock. The recent stock split was the first ever for Chipotle and lowered the share price from over $3,200 to less than $65. With the post-split decline, CMG stock trades around $61 per share.



This is the most affordable Chipotle stock in more than a decade, and the current pullback is unlikely to last long. CMG stock has been a long-term winner, having risen more than 300% in the last five years. The company has consistently posted <a href="https://www.cnbc.com/2024/04/24/chipotle-mexican-grill-cmg-q1-2024-earnings.html">strong same-store sales</a> and grown its retail network. In this year&rsquo;s first quarter, Chipotle reported that its sales rose 14% year-over-year while its net income increased 20%.



<h2>Heico (HEI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/heico-1600-300x169.png" alt="The website for Heico is shown with a magnifying glass enlarging the company's logo."><div>Source: Postmodern Studio / Shutterstock.com</div></div>Aircraft parts manufacturer Heico (NYSE:<a href="https://investorplace.com/stock-quotes/hei-stock-quote/">HEI</a>) has raised its dividend payment by 10%. In the future, the Hollywood, Florida-based company will pay a distribution of 11 cents per share, up from 10 cents a share previously. Heico pays its dividend to shareholders semi-annually (twice a year). The new dividend will be paid on July 15. Heico has consistently paid its semi-annual dividend since 1979.



The dividend hike comes as the company&rsquo;s stock has been on an upswing. Heico, which primarily makes replacement parts for commercial and military aircraft in the U.S., has seen its share price increase 25% since the beginning of 2024. The company also manufactures some medical and telecommunications equipment, though aircraft parts are its main business. <a href="https://ca.finance.yahoo.com/news/reasons-add-heico-hei-stock-132300405.html">Strong earnings</a> and a near monopoly over commercial aircraft components have increased HEI stock.



<h2>Occidental Petroleum (OXY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/09/oxy1600-300x169.png" alt="Person holding cellphone with logo of American company Occidental Petroleum Corp. (OXY) on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Is oil producer Occidental Petroleum (NYSE:<a href="https://investorplace.com/stock-quotes/oxy-stock-quote/">OXY</a>) one of July&rsquo;s best stocks to buy? Warren Buffett seems to think so. Buffett&rsquo;s holding company, Berkshire Hathaway (NYSE:<a href="https://investorplace.com/stock-quotes/brk.a-stock-quote/">BRK.A</a>, NYSE:<a href="https://investorplace.com/stock-quotes/brk.b-stock-quote/">BRK.B</a>), continues buying OXY stock. In mid-June, Berkshire bought Occidental Petroleum shares for nine consecutive days, pushing his ownership stake to nearly 30%. Buffett now <a href="https://www.cnbc.com/berkshire-hathaway-portfolio/">owns more than 255 million shares</a> of OXY stock worth just under $16 billion.



Buffett <a href="https://www.cnbc.com/2024/06/18/warren-buffett-buys-occidental-shares-for-9-straight-days-pushes-his-stake-to-nearly-29percent.html">buys more</a> stock every time the share price falls below $60. With OXY stock down 13% from its 52-week high of $71.18 in April, Buffett has been buying hand over fist. Beyond Buffett, now is also a good time to purchase Occidental Petroleum stock as crude oil prices rise along with summer demand. West Texas Intermediate &nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/wti-stock-quote/">WTI</a>) crude oil, the U.S. standard, is trading at $83 a barrel, up from less than $75 per barrel this spring. Some analysts see <a href="https://finance.yahoo.com/news/oil-to-rise-to-90-a-barrel-this-year-as-tensions-in-middle-east-escalate-says-analyst-175824318.html">crude prices topping $90</a> this year.



OXY stock has risen 5% over the last 12 months. 



On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/07/the-7-best-stocks-to-buy-in-july-2024/">The 7 Best Stocks to Buy in July 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The 7 Best Stocks to Buy in July 2024

AMZN

BKNG

GOOG

GOOGL

IRBT

ISRG

ODFL

ULTA

VSTO

Screenshot 2024-05-03 at 7.40.18 PM

AISP

BYTS

Airship AI Awarded Contract With DOJ Agency, Marking Second Big Government Contract Win Since December IPO

Press Releases

FedEx Continues Pledge to HBCUs with Announcement of Third Student Ambassador Cohort

FedEx to Launch 12th Annual Small Business Grants Program

FedEx EVP/CIO Robert B. Carter to Step Down June 30, 2024

Monkey Rock Group Inc. (OTC: MKRO) Stock on Radar This Month

FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86

FedEx Awards More Than $230,000 to 10 Small Businesses

Opinion

BetterInvesting™ Magazine Update on FedEx and Gap

FedEx Corp. Board Increases Quarterly Dividend 10 Percent

FedEx Reports Higher Full-Year Diluted EPS of $17.21 and Adjusted Diluted EPS of $17.80

DHLGY

MKRO

Air T

Air Transport Services Group, Inc - Common Stock

Air Transport Services Gr

Addentax Group

BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares

BEST

C.H. Robinson Worldwide, Inc. - Common Stock

C.H. Robinson Worldwide

Freightos

Expeditors International of Washington, Inc. Common Stock

Expeditors Intl

Freight Technologies, Inc. - Ordinary Shares

Freight Technologies

Forward Air

Globavend Holdings

GXO Logistics

Hub Group

Jayud Global Logistics Limited - Class A Ordinary Shares

Jayud Global Logistics

Radiant Logistics

Shengfeng Development Limited - Class A Ordinary Shares

Shengfeng Development

United Parcel Service

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share.

ZTO Express (Cayman)

Argus Research

Raymond James

Oppenheimer

Wells Fargo

Stifel

마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)는 <a href="https://www.benzinga.com/news/24/06/39151312/microsoft-google-announce-hundreds-of-job-cuts-in-tech-departments-despite-robust-financials" target="_blank" rel="noopener" data-google-interstitial="false">또 다른 정리해고</a>를 실시하여 다양한 팀과 지역에 영향을 미친 것으로 알려졌다. 이 회사는 영향을 받은 직원의 정확한 수를 공개하지 않았다.
무슨 일이 (What Happened): 영향을 받은 직원들의 링크드인(LinkedIn) 게시물에 따르면 이번 해고는 제품 및 프로그램 관리와 관련된 역할을 수행하는 직원들에게 영향을 미쳤다. 그러나 이 회사는 영향을 받은 직원 수를 공개하지 않았다고 지크와이어(GeekWire)가 <a href="https://www.geekwire.com/2024/microsoft-lays-off-employees-in-new-round-of-cuts/">보도</a>했다.
마이크로소프트의 대변인은 "조직 및 인력 조정은 우리 사업을 관리하는 데 필요하고 정기적인 부분이다. 우리는 미래를 위해 고객과 파트너를 지원하기 위해 전략적 성장 영역에 계속 우선순위를 두고 투자할 것이다"고 말했다.
마이크로소프트의 2024년 회계연도는 6월 30일에 끝났다. 마이크로소프트는 새 회계연도가 시작될 때 사업 구조를 조정하는 경우가 많다.
이는 2024년 마이크로소프트의 세 번째 정리해고다. 지난 6월 이 회사는 애저(Azure) 클라우드 사업부와 홀로렌즈(HoloLens) 혼합 현실 조직을 포함한 <a href="https://www.benzinga.com/news/24/06/39151312/microsoft-google-announce-hundreds-of-job-cuts-in-tech-departments-despite-robust-financials" target="_blank" rel="noopener" data-google-interstitial="false">다양한 부서들</a>에서 약 1,000명의 일자리를 해고했다. 올해 초 마이크로소프트는 액티비전 블리자드(Activision Blizzard)를 <a href="https://www.benzinga.com/general/gaming/23/10/35239617/microsofts-69b-activision-blizzard-acquisition-gets-green-light-from-uk-antitrust-regulator">690억 달러</a>에 인수한 후 게임 부문에서 약 2,000명의 직원을 해고했다.
마이크로소프트는 AI 애플리케이션에 필요한 클라우드 인프라 제공을 목표로 자본 지출이 증가하는 가운데 수익 마진을 유지하기 위해 이러한 인원 감축을 진행하고 있다.
마이크로소프트의 인력은 팬데믹 기간 동안 확대됐지만 지난 2년 동안 안정됐다. 이 보도에 따르면 2023년 말 현재 이 회사의 전 세계 직원 수는 약 227,000명으로 전년도 232,000명보다 감소했다.
마이크로소프트는 <a href="https://pro.benzinga.com/dashboard">Benzinga</a>의 의견 요청에 즉시 응답하지 않았다.
왜 중요한가 (Why It Matters): 최근 마이크로소프트의 정리해고는 기업이 운영을 합리화하고 비용을 절감하기 위해 인력을 대폭 감축하는 기술 산업의 광범위한 추세의 일부이다.
예를 들어 <a href="https://www.benzinga.com/top-stories/24/06/39457749/tesla-leads-2024-us-tech-layoffs-so-far-followed-by-dell-cisco-xerox-paypal-microsoft" target="_blank" rel="noopener" data-google-interstitial="false">2024년 미국 기술 부문 감원을 주도</a>한 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)는 올해 자체 직원 수를 최소 14% 줄였다. 마찬가지로 메타 플랫폼스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)도 &#8216;효율성의 해&#8217; 목표의 일환으로 <a href="https://www.benzinga.com/news/24/06/39314161/zuckerberg-targets-metas-top-brass-in-planned-job-cuts-as-his-wealth-hits-181b-stock-price-soars">감원</a>을 시행했다.
또한, 알파벳의 구글은 최근 비용 절감 조치의 일환으로 약 <a href="https://www.benzinga.com/news/24/05/38575532/google-eliminates-200-jobs-moves-roles-to-india-and-mexico-as-part-of-cost-trimming-efforts">200명의 직원을 해고하고</a> 일부 직무를 인도와 멕시코로 이전했다. 이러한 움직임은 경제적 불확실성 속에서 기술 대기업들이 효율성과 수익성에 집중하고 있는 광범위한 업계 추세를 반영한다.
마이크로소프트의 해고는 회사가 상당한 자본 지출이 필요한 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39579731/nvidia-apple-microsoft-race-toward-4t-market-cap-analyst-expects-ai-driven-tech-ral" target="_blank" rel="noopener" data-google-interstitial="false">AI 애플리케이션에 막대한 투자</a>를 하고 있는 시점에도 이루어졌다. 이 전략은 빠르게 진화하는 기술 환경의 과제를 해결하면서 이윤을 유지하는 것을 목표로 한다.
기술 업계에서는 2024년에 정리해고가 급증했으며, 페덱스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)와 같은 회사들도 재무 전략의 일환으로 인력 <a href="https://www.benzinga.com/trading-ideas/previews/24/06/39464492/fedex-q4-earnings-preview-share-buyback-job-cuts-eight-straight-revenue-misses-among-items">감축</a>을 발표했습니다.
가격 움직임: 수요일 마이크로소프트 주식의 종가는 460.77달러로, 이는 하루 전보다 0.32% 상승한 가격이다. 시간외 거래에서 주식은 0.21% 하락했다. 올해들어 24.24% 상승했다.
Photo courtesy: Shutterstock

이들 10개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요?
<ol>
<li>리비안 오토모티브(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>)는 회사가 생산량을 단순화하고 비용을 절감했으며 <a href="https://www.benzinga.com//node/39497161" target="_blank" rel="noreferrer noopener">폭스바겐과의 합작</a> 투자 계획을 발표했다는 보도가 나온 후 지난주 주가가 30.04% 급등했다.</li>
<li>카니발(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUK#NYSE">CUK</a>)의 주식은 <a href="https://www.benzinga.com//node/39481992" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">2분기 실적이 예상을 상회하는 결과</a>가 나타나자 17.78% 상승했다.</li>
<li>페덱스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)의 주식은 예상보다 나은 4분기 재무 결과와 지침으로 인해 지난주 17.51% 급등했다. 또한 이 회사는 FY25에 <a href="https://www.benzinga.com//node/39504381" target="_blank" rel="noreferrer noopener">25억 달러</a> 상당의 주식을 다시 매입할 것이라고 발표했다. 몇몇 분석가들은 주식에 대한 <a href="https://www.benzinga.com//node/39509568" target="_blank" rel="noreferrer noopener">목표</a> 가격 예측을 높였다.</li>
<li>삼사라(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>)의 주식은 RBC 캐피털(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJ#NYSE">RJ</a>)가 <a href="https://www.benzinga.com/quote/iot/analyst-ratings" target="_blank" rel="noreferrer noopener">47달러의</a> 목표 주가를 유지하고 아웃퍼폼(Outperform) 평가를 재확정함에 따라 16.37% 상승했다.</li>
<li>수자노(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>)의 주식은 인터내셔널 페이퍼(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>)의 인수 추진을 <a href="https://www.benzinga.com//node/39519611" target="_blank" rel="noreferrer noopener">중단했다는 소식</a> 이후 12.24% 치솟았다.</li>
<li>카바나(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>)의 주식은 지난 <a href="https://www.benzinga.com//node/39509401" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">6월 초</a> 윌리엄 블레어(William Blair) 제 44회 연론회에서 자체 운영 계획과 자본 구조에 대한 업데이트 이후 11.93% 상승했다.</li>
<li>FTAI 에비에이션(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>)의 주식은 지난주 11.55% 상승했다.</li>
<li>레딧(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NASDAQ">RDDT</a>)의 주식은 <a href="https://www.benzinga.com//node/39494776" target="_blank" rel="noreferrer noopener">자동화된 웹 스크래핑을 차단하기 위한</a> 정책 업데이트를 발표한 후 11.08% 급등했다.</li>
<li>몽고DB(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>)의 주식은 지난주 10.57% 상승했다.</li>
<li>앨라일람 파마슈티컬스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>)의 주식은 회사가 부트리시란(vutrisiran)에 대한 HELIOS-B 3상 연구의 최고 결과를 발표한 후 지속적인 강세가 예상되는 가운데 주가는 10.82% 상승했다. 또한, 다수의 분석가들은 주식에 대한 전망 가격을 <a href="https://www.benzinga.com/quote/alny/analyst-ratings" target="_blank" rel="noreferrer noopener">상향 조정</a>했다.</li>
</ol>
다음 내용 읽기:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/06/39565694/moderna-and-walgreens-boots-alliance-were-among-the-10-biggest-large-cap-losers-last-week-june-23-">모더나와 월그린스 부츠는 지난주 최악의 성과를 보인 10대 대형주 중 일부 (6월 23일-6월 29일)</a></li>
</ul>
리비안의 사진

연방준비제도(연준)이 가장 면밀히 모니터링하는 인플레이션 지표인 5월 개인 소비 지출(PCE) 물가지수는 2021년 3월 이후 최저 수준에 도달해 연율 2.6%를 기록했는데, 이는 <a href="https://www.benzinga.com/economics/macro-economic-events/24/06/39547288/feds-preferred-inflation-gauge-falls-to-lowest-level-since-november-2021-relieves" target="_blank" rel="noopener" data-google-interstitial="false">경제학자의 예상에 부합</a>한다.
금요일 발표된 이 인플레이션 수치는 물가 압력이 연준의 2% 목표를 향해 나아가고 있으며 금리 인하에 대한 시장 기대가 굳건해지고 있음을 나타낸다. 시장 예측 데이터에 따르면 현재 9월은 첫 번째 금리 인하 가능성이 가장 높은 달로 여겨지며, 연말까지 두 번째 금리 인하가 이어질 가능성이 있으며, 내년에는 세 차례 더 인하될 가능성이 있다.
첫 번째 대선 토론은 조 바이든 대통령의 성과가 실망스러운 것으로 널리 인식되면서 도널드 트럼프의 <a href="https://www.benzinga.com/news/24/06/39543594/biden-vs-trump-flash-poll-picks-debate-winner-but-over-one-third-of-voters-doubt-his-ability-to-lead" target="_blank" rel="noopener" data-google-interstitial="false">승리 확률이 약 60%까지</a> 치솟는 것으로 마무리되었다. <a href="https://www.benzinga.com/markets/equities/24/06/39541774/heres-how-betting-odds-changed-financial-markets-fared-following-first-presidential-debate-as-bi" target="_blank" rel="noopener" data-google-interstitial="false">대선까지</a> 약 4개월 남은 상황에서 바이든이 교체될 확률은 높아졌다.
경제학자들은 두 후보의 정책이 인플레이션을 초래하며 미국 경제가 직면한 재정 및 부채 문제를 의미있게 해결하지 못한다고 말한다.
페덱스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)와 카니발(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>)은 강력한 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39510209/carnival-catches-wave-of-bullish-analysts-after-q2-earnings-beat-firing-on-all-cyli" target="_blank" rel="noopener" data-google-interstitial="false">실적 보고서와 낙관적인 지침</a>에 힘입어 두 자릿수 주가 상승을 기록하며 S&amp;P 500 내에서 이번 주 최고 실적을 이끌었다. 반대로 월그린스 부츠 얼라이언스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)와 나이키(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>)는 <a href="https://www.benzinga.com/24/06/39553700/nikes-fourth-quarter-results-highlight-its-struggle-with-ongoing-challenges" target="_blank" rel="noopener" data-google-interstitial="false">실망스러운 분기 실적</a>으로 인해 주가가 각각 20% 이상 급락했다.
시장의 위험
베테랑 투자자인 에드 야데니(Ed Yardeni)는 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)의 성과에 크게 의존하는 주식 시장의 &#8216;나쁜 폭&#8217; 문제에 대해 경고한다. 소수의 기술 주식에 대한 이러한 의존도는 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39459711/stock-market-has-a-bad-breadth-problem-again-veteran-wall-street-investor-warns" target="_blank" rel="noopener" data-google-interstitial="false">이 투자자들이 흔들리면</a> 시장 침체의 위험을 증가시킨다.
은행 회복력
미국 은행들은 이번 주에 발표된 최근 연준 스트레스 테스트에서 입증되었듯이 매우 불리한 경제 시나리오에서도 최소 자본 요구 사항을 유지하는 데 있어 견고하고 회복력이 있음을 입증했다. 그러나 금융 기관들은 여전히 ​​<a href="https://www.benzinga.com/markets/equities/24/06/39513681/fed-stress-test-2024-large-banks-face-greater-losses-but-maintain-strong-capital-positions-in-se" target="_blank" rel="noopener" data-google-interstitial="false">전년도 평가</a>에서 예상된 것보다 더 큰 손실에 직면할 수 있다.
팬데믹 저축 고갈
미국 가계의 팬데믹 저축이 줄어들면서 연체율이 증가하고 부채가 사상 최고치를 기록했다. 샌프란시스코 연은은 초과 저축이 2021년 8월 2조 1천억 달러로 정점을 찍었지만 현재는 완전히 고갈된 것으로 추산한다. 경제학자들은 이제 소비자의 재정적 안정성이 <a href="https://www.benzinga.com/top-stories/24/06/39533138/pandemic-piggy-banks-run-dry-us-economy-braces-for-impact" target="_blank" rel="noopener" data-google-interstitial="false">경상 소득과 연결</a>되어 있다고 경고한다.
테슬라의 신규 모델
골드만 삭스의 한 분석가는 일론 머스크가 소형 모델 3 및 밴을 포함한 저가형 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) 모델을 곧 출시할 것으로 예상하며, 더 저렴한 테슬라 차량은 연간 최소 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39502910/elon-musk-could-sell-at-least-100-000-new-lower-cost-models-next-year-tesla-has-ove" target="_blank" rel="noopener" data-google-interstitial="false">100,000</a>대를 판매할 가능성이 있다.
자료: 셔터스톡

화요일 오전(미 동부 시간) 미국 주식 선물이 상승하면서, 오늘 투자자의 관심을 끌 수 있는 주식 중 일부는 다음과 같다:
<ul>
<li>월가는 카니발 코퍼레이션(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>)이 시장 마감 후 56억 8천만 달러의 매출과 주당 0.2달러의 분기 손실을 보고것으로 예상한다. <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noopener">Benzinga Pro</a>의 데이터에 따르면, 카니발의 주가는 시간외 거래에서 0.4% 상승한 14.73달러를 기록했다.</li>
<li>보잉(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)은 주로 주식 자금 조달 거래를 통해 스피릿 에어로시스템즈 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>)를 인수할 것을 제안했으며 이 공급업체의 가치를 주당 약 35달러로 평가했다. 보잉의 주식은 시간외 거래에서 1.4% 상승한 179.10달러에 거래됐으며, 스피릿의 주식은 1.3% 하락한 32.65달러를 기록했다.</li>
<li>분석가들은 개장 전 실적 발표에서 TD 시넥스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>)의 매출 140억 8천만 달러, 주당 2.82달러의 분기 이익을 기록할 것으로 예상하고 있다. TD 시넥스의 주식은 시간외 거래에서 1.7% 상승한 131.58달러를 기록했다.</li>
</ul>
여기에서 <a href="https://www.benzinga.com/premarket/" target="_blank" rel="noopener" data-google-interstitial="false">프리마켓 시황</a>을 확인하세요.
<ul>
<li>솔라엣지 테크놀러지스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>)는 2029년 만기 3억 달러 전환사채의 사모 공모를 발표했다. 솔라엣지의 주가는 시간외 거래에서 13.7% 하락한 28.71달러를 기록했다.</li>
<li>분석가들은 시장 마감 후 페덱스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)가 매출 220억 6천만 달러, 주당 5.37달러의 분기 이익을 공시할 것으로 예상한다. 페덱스의 주가는 시간외 거래에서 0.1% 상승한 256.60달러를 기록했다.</li>
</ul>

FedEx

뉴스

에 대한 최신 뉴스 FedEx (NYSE:FDX) 주식

목요일, 7월 04, 2024

일요일, 6월 30, 2024

금요일, 6월 28, 2024

화요일, 6월 25, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌