Jim Cramer on Radiant Logistics: “If You’re Going to Be in That Business, You Want to Be in FedEx”

Radiant Logistics, Inc. (NYSE:RLGT) is one of the stocks Jim Cramer recently looked at. A caller sought Cramer’s opinion on the stock, and here’s what he had to say in response:

“Hey, interesting company. Look, I like logistics company, I like the truck load company, but I have to tell you, come back. If you’re going to be in that business, you want to be in FedEx. They got the logistics that you need. I’m not kidding, FDX.”

Fedex-Ground-FDX-obi-onyeador-8LCZb66I4wg-unsplash.jpg

Radiant Logistics, Inc. (NYSE:RLGT) provides technology-enabled global transport of goods through air, sea, and land for several industries. The company handles everything from basic freight forwarding and customs clearance to complex supply chain management and distribution.

While we acknowledge the risk and potential of RLGT 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 RLGT 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.