FedEx Corporation (NYSE: FDX) stock is down more than 6.6 percent in 2018, and the threat of competition from Amazon.com ( AMZN) is a big reason why. Hoexter says FedEx still has a number of long-term advantages over Amazon and other competitors, and the company has a fairly impressive growth outlook. FedEx is targeting 9 percent revenue growth in fiscal 2019 and at least $1.2 billion in its express unit’s operating income growth.
Source: Yahoo! News