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Serge Berger, also known as The Steady Trader, has seen that there has been a lack of sector participation in the US equity markets. The financial and transportation industries have been untouched by the market’s rally, and Serge is particularly interested in FedEX as a beneficiary of a bounce in the broader market. The stock has entered a period of consolidation after falling 7% due to a disappointing earnings report. Serge believes there's an opportunity with the company’s stock at a crucial spot to offer a potential return in the near term.
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01:27 minutes
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