Jim Cramer Calls United Parcel Service “The Wrong Horse”

A caller asked if they should buy more, hold, or sell United Parcel Service Inc. (NYSE:UPS) stock. In response, Cramer said:

“I think that FedEx is going to clean their clock, frankly. I think that Raj Subramaniam’s a better operator, and you’re on the wrong horse. I’m sorry. I thank you for the kind words, but you are on the wrong horse. [don’t buy, don’t buy]”

A warehouse filled with boxes of parcels, symbolizing the companies reliable logistics services.

United Parcel Service (NYSE:UPS) provides transportation, distribution, contract logistics, ocean freight, air freight, customs brokerage, and insurance services. When a caller asked about the company in April, Cramer said:

“Look, I think that, you know, rug burn aside… I do think that you’re going to run into a little trouble because world trade is not what we think it is. And look, I really like FedEx, and I’m not just sitting here pounding the table on FedEx either, so we gotta be careful…”

While we acknowledge the potential of UPS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than UPS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Jim Cramer Commented on These 6 Natural Gas Players and 13 Stocks on Jim Cramer’s Radar Recently

Disclosure: None.