The 2 Must-Watch Stocks for Smart Investors This Week
Stock markets have pushed sharply higher over the past few months, even though investors still remain uncertain about what the future will bring. Concerns about a potential recession are still weighing on investor sentiment even as major Stock indexes have jumped.
With the Federal Reserve having chosen to leave interest rates unchanged last week and little in the way of economic data expected in the near future, many market participants are turning their attention back to corporate earnings. AI stocks have captured the attention of the entire market, and even though FedEx (NYSE: FDX) and Accenture (NYSE: ACN) might not be tech giants in their own right, both companies are aiming to take advantage of artificial intelligence to help businesses. Below, you'll get a closer look at what to expect from FedEx and Accenture this week.
FedEx is slated to release its latest financial report after the close of the regular trading session on Tuesday afternoon. The shipping giant has had to deal with a sizable slowdown in its operations already, but investors are hopeful that they'll start to see signs of an eventual recovery in the not-too-distant future.
Source Fool.com
Fedex Corp. Stock
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 293 € there is a slightly positive potential of 5.23% for Fedex Corp. compared to the current price of 278.45 €.
