We recently published Jim Cramer Discussed These 13 Stocks And Talked About Market “Froth” & Dotcom Bubble. FedEx Corporation is one of the stocks Jim Cramer recently discussed.
FedEx Corporation is a frequent feature of Cramer’s morning show. He commonly comments on the firm’s CEO, Raj Subramaniam, and has discussed the firm’s recent results in earlier appearances. As part of his earnings discussion, Cramer commented that FedEx Corporation’s shares might continue their momentum following the firm’s earnings report. During this show, he mentioned the firm in the context of three stories, out of which FedEx Corporation was part of a group of stocks that were showing an economic slowdown:
“The FedEx shocked me. Because I was betting that Raj Subramaniam, this is going to be the big turn, he’s taking a huge amount of business from UPS. But they also. . .cut numbers UNP, they cut numbers CSX. That is slowing of the economy. So we have this slowing of the economy story, we’ve got the froth story, and then we’ve got the real companies that are doing quite well and they tend to be involved in the building of the data center.”
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This article is originally published at Insider Monkey.
