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Ranking the 10 Best Stocks for 2012

8 of 10 experts' picks are at double-digit gains year-to-date

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No. 7: FedEx

FedEx FDXCurrent Return: +14%
: Paul R. La Monica

Paul R. La Monica, the brains behind CNNMoney’s daily “The Buzz” column and a prolific tweeter at @LaMonicaBuzz, is not one to let the market’s hourly antics pass him by. But for our feature, the CNNMoney assistant managing editor made a pick with a much longer time frame behind it — and it has turned out nicely.

His reasons to select FedEx (NYSE:FDX) for our little contest: A low-risk investment with the ability to profit for organic growth if and when a recovery takes shape in 2012.

“Don’t get me wrong. I don’t think the economy is going to surge in 2012,” Paul wrote in his original FedEx post. But I don’t think it’s going to pull a Tom Petty and freefall out into nothing, either.”

So far, the bull market of the first several weeks this year have really lifted stocks — and FedEx has outperformed nicely thanks to investor optimism. The real question is whether FDX will continue to rev up in 2012 or if it will downshift if the economy hits a snag later this year.

Article printed from InvestorPlace Media,

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