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Bank of America names FedEx a top transport stock pick

HONG KONG, CHINA – 2021/03/12: American FedEx Express delivery truck seen in Hong Kong. (Photo by Chukrut Budrul/SOPA Images/LightRocket via Getty Images)

SOPA Images | LightRocket | Getty Images

Bank of America named FedEx a top transport pick on Tuesday and said its shares are trading at a discount.

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