FedEx Corporation (NYSE:FDX) is one of the stocks that Jim Cramer commented on along with the recent macroeconomic rally. Cramer stressed that he believes the company will have a “good run,” as he said:
“I think FedEx is a coiled spring. We haven’t heard a single disappointing e-commerce story yet, except for Target. Great setup for FedEx, also for JB Hunt and ArcBest. I think they’re going to have a good run.”
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FedEx Corporation (NYSE:FDX) offers transportation, shipping and logistics services, including express and freight delivery, e-commerce solutions and supply chain management. A caller sought Cramer’s advice on stocks during the November 14 episode and commented:
“You want to buy this stock. I’m going to shorten it here because it’s so easy… This is one of my favorite stocks. I wish we had it for Charitable Trust… I think the stock is over $300. It’s having a good quarter. And I mean, can I just say that Raj Subramaniam turns out to be just a dynamite executive who I know is making Fred Smith proud. We miss Fred a lot.”
While we recognize the potential of FDX as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.