FedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector.
A solid earnings report could lift one lagging group: the industrials. Weighed on by Boeing's recent sell-off, it is the only S&P sector in the red in March with losses of nearly 2 percent.
"We want to take advantage of all this e-commerce growth that we're expecting, and right now e-commerce sales as a percentage of total retail sales is around 12, 13 percent. By 2025 it should be around 25 percent of total sales," Tepper said Monday on CNBC's"Trading Nation.""The stock has been completely crushed because of this possible threat from Amazon logistics. But I think that's overdone.
Ari Wald, head of technical analysis at Oppenheimer, said a different name in industrials looks the best positioned to move higher.
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