FedEx Corporation (FDX)’s CEO Is A “Hitter,” Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Recently Talked About. FedEx Corporation (NYSE:FDX) is one of the stocks Jim Cramer recently discussed.

FedEx Corporation (NYSE:FDX) is one of the biggest logistics companies in the world. Its shares have lost 18% year-to-date and fell by 7.7% in July after the White House decided to end de minimis exemptions for packages arriving in the US. The dip added to FedEx Corporation (NYSE:FDX)’s woes as the shares fell in June after the firm’s earnings reports and in April after President Trump announced the Liberation Day tariffs. For his part, Cramer’s quite optimistic about FedEx Corporation (NYSE:FDX)’s CEO Raj Subramaniam:

“UPS, look, one of the things that I’ve got to hand, FedEx, Raj Subramaniam was in there. Man, he’s giving you numbers. And Subramaniam’s a hitter, okay. We have a lot of hitters today. Kelly Ortberg, hitter. Who’s a misser?”

FedEx Corporation (FDX)'s CEO Is A "Hitter," Says Jim Cramer

Africa Studio/Shutterstock.com

Previously, the CNBC TV host discussed FedEx Corporation (NYSE:FDX)’s exposure to trade tensions between the US and Europe:

“I wanna keep an eye on that, because I know that a company like FedEx, I mean cross border’s really, really huge.”

While we acknowledge the risk and potential of FDX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FDX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.