FedEx Stock Hits 52-Week Low. Is the Dividend Stock a Buy Now?
FedEx (NYSE: FDX) hit a 52-week low on March 21 after reporting earnings and slashing its full-year guidance. However, the stock has since recovered nearly all of the losses from that sell-off -- although FedEx is still down over 14% in the past year at the time of this writing.Here's what's driving FedEx's guidance cut and if the dividend stock is worth buying now.Image source: Getty Images.Continue reading
FedEx (NYSE: FDX) hit a 52-week low on March 21 after reporting earnings and slashing its full-year guidance. However, the stock has since recovered nearly all of the losses from that sell-off -- although FedEx is still down over 14% in the past year at the time of this writing.
Here's what's driving FedEx's guidance cut and if the dividend stock is worth buying now.
Image source: Getty Images.
