Down -8.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Expeditors International (EXPD)
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Expeditors International (EXPD) has experienced an 8.6% decline over the past four weeks, but it is now considered oversold. Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
December 25, 2024 | 3:45 pm
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Expeditors International (EXPD) is down 8.6% in the last four weeks, entering oversold territory. Analysts are revising earnings estimates higher, suggesting a potential trend reversal.
The stock is technically oversold, which often precedes a price rebound. Additionally, analysts are revising earnings estimates upwards, a positive indicator for future stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100