Jim Cramer on FedEx: “I’m Concerned”

FedEx Corporation (NYSE:FDX) is one of the one of the stocks Jim Cramer commented on, along with the recent Fed meeting. Expressing his concern about the company, Cramer said:

“I’m concerned, for example, about FedEx, which reports tomorrow. 25 basis point cut won’t change things in time for this great shipping company.”

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FedEx Corporation (NYSE:FDX) offers transportation, e-commerce solutions, and business support services. Its services include express shipping, small-package deliveries, freight services, and other business-related services. Earlier in September, Cramer said:

“After the close, FedEx reports and the analysts have been lowering numbers and lowering numbers because of an expected decline in Chinese packages, now that they no longer have that tariff exemption.”

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