Is Trending Stock FedEx Corporation (FDX) a Buy Now?

FedEx (FDX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this package delivery company have returned +3.1% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Transportation - Air Freight and Cargo industry, to which FedEx belongs, has gained 6.6% over this period. Now the key question is: Where could the stock be headed in the near term ...