Why did These Stocks Rise When the Market Crashed?
@MillionaireTiger:
Stocks were mixed across the board but notched fresh 2022 closing lows last week. However, these three stocks didn't fall with the indices.Let’s recap and look to the week ahead.$FedEx(FDX)$ Shares of FedEx have gained 3.5% over the past three months against its industry’s decline of 16.7%.Zacks Investment ResearchEarnings Estimates:The Zacks Consensus Estimate for current-quarter earnings has been revised 1.6% upward over the past 60 days. For fiscal 2022, the consensus mark for earnings has moved 0.44% north in the same time frame.Upbeat Demand Scenario & Favorable Pricing:The penchant for online shopping remains strong even with economies reopening and people g