FedEx is a very well mangaed company that has a long track record of profitabilty. Recent downward revisions to their outlook weren't dire. They are still forecasting near record earnings. FDX has a stong balance sheet...almost no debt, over $2.7 Billion in cash, tremendous cash flow, and a PEG ratio of about 1.0. If you're lucky, you can buy FDX today at $85; it's on sale! As more and more retail moves to online shopping, FDX will continue to grow and prosper. FDX mgmt is notoriously consersvative, so they are probably setting the bar low so they can have a positive surprise. Wait for $65? Not a chance! Good luck in wahatever you decide.