Lower Interest Rates Ahead? Jim Cramer on the Macro Setup, Alphabet, and 27 More Stocks

9. FedEx Freight Holding Company, Inc. (NYSE:FDXF)

FedEx Freight Holding Company, Inc. (NYSE:FDXF) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. Cramer made some positive comments on the company, as he commented:

One of the Trust’s newest positions is FedEx Freight. Just got it. The freight stocks have been on fire mostly because the economy’s so strong and e-commerce is still taking share over brick and mortar. FedEx Freight is uniquely set up to take advantage of that trend. It’s the recent less-than-truckload spinoff from FedEx. I like that the company’s on track to cut a huge amount of costs while picking up a lot of market share. Added bonus: self-driving trucks. They’re coming, and they’ll matter. That’s it. Light week.

FedEx Freight Holding Company, Inc. (NYSE:FDXF) provides less-than-truckload freight transportation services. Cramer discussed the stock during the June 5 episode, as he remarked:

Today’s the day when I’m proud that we held on to our FedEx Freight, the new spin-off that could go from a decent less-than-truckload play into one of the best operators in the world. And remember, we don’t care what kind of company makes the money. Doesn’t have to be a data center money maker.