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Is FedEx Stock a Buy?

TheMotleyFool

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FedEx (NYSE: FDX) has been making investors a lot of money this year, crushing earnings and catapulting its stock to new heights. On Oct. 20, the stock reached an all-time high at $293.30 a share, up an astounding 90% for the year before pulling back over the past week.

Let's analyze why FedEx has been doing so well, if it can continue, and if the stock is worth buying despite its higher price.

Image source: FedEx Corporation.

Source Fool.com

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