Time To Buy FedEx Stock At $240?

1. FedEx reported upbeat quarterly results and a positive sales outlook. 2. The stock fell 17% this year due to high operating costs. 3. FDX's valuation appears attractive compared to historical performance. 4. Profit margins are significantly weaker than S&P 500 averages. 5. FDX stock showed poor resilience during recent market downturns.