Jeff Reeves's Strength in Numbers: 5 stocks to capitalize on the records being set by the Dow Jones Transportation Index [MarketWatch]
FedEx Corporation (FDX)
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Source: MarketWatch
Opinion: 5 stocks to capitalize on the records being set by the Dow Jones Transportation Index The American economy and the stock market have evolved a great deal since the days of Charles Dow. And in a digital and globally connected business environment, it’s easy to pooh-pooh once-important transportation stocks as relics of the past instead of a bellwether industry. But regardless of how you feel about their relevancy, transports lately have been delivering nice profits to investors. While the broader S&P 500 SPX, +0.67% is up more than 13% since August, the Dow Jones Transportation Index DJT, +0.79% has surged more than 23% in the same period — and on Friday closed at its ninth consecutive record. There are good reasons for that run. Many investors believe that a robust American economy this year will naturally generate increased volume for the sector as goods and services move around at a higher pace. And after all the focus on growth names like FAANG stocks, it’s natural f
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FDX
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- 3/21/24 - Beat
FDX
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- 4/9/24 - Form 4
- 4/9/24 - Form 144
- 4/8/24 - Form 4
- FDX's page on the SEC website