25 June Watchlist 👀

 

Today we are watching…

1.  FedEx (#fedex)

It’s been a rocky road for FedEx investors over the past year, tracking the delivery firm down 30% since November. FedEx has now stopped delivering Amazon packages, hoping to lick the stamp on some new deals with other retailers. Potentially, it could offer faster shipments than Amazon on its own. The race is on. Today, forecasts stand at $4.81 of profit per share on $17.9 billion in revenue.

2. Micron Technology (#mu)

Beating earnings expectations today might be a challenge for this chip-maker, even with the bar lowered to $0.75 profit per share on $4.72 billion in revenue. Defending an excellent record of efficiency, the Micron management needs to temper demand fears for their computer chips as international strains grow. No small feat, but these are the numbers that move the market. Game time! 

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