Stocks 1st Jan '20 Fedex and ISM Fedex stock slightly leads/is coincident with the ISM composite. If you think ISM is heading up you should probably be buying Fedex. NB there are non-macroeconomic issues that one needs to consider. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)