Jim Cramer on United Parcel: “Seems Like a Decent Risk Reward”

United Parcel Service, Inc. (NYSE:UPS) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer discussed the company’s stock price action in both good and bad quarter scenarios, as he said:

“We also hear from United Parcel, not the best stock…. Now, this stock’s been sneaking up as if there was no issue with the dividend, that they have plenty of money. Good quarter takes this $87 stock to $100. A bad one takes it right back to $80. Seems like a decent risk reward, but anyone who stuck their neck out for UPS recently has gotten their head chopped off.”

United Parcel Service, Inc. (NYSE:UPS) provides global package delivery and logistics services, including express shipping, freight forwarding, customs brokerage, and supply chain solutions. A caller asked for Cramer’s advice on the stock during the October 23 episode, and he replied:

“Well, I do, I think the stock’s trying to bottom. I think the stock’s trying to bottom… I personally don’t care for it. I am a huge buyer of FedEx, and I like J.B. Hunt, so don’t say I’m, don’t say I’m anti-transport. That would be a big mistake. It’s just that I do feel that UPS, the dividend’s so big, I don’t know. And I know they’re sacrosanct, but they could use some money.”

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