United Parcel Service (UPS) Is Consistent, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Talked About.  United Parcel Service, Inc. (NYSE:UPS) is one of the stocks that Jim Cramer talked about.

Logistics giant United Parcel Service, Inc. (NYSE:UPS)’s shares are up by a modest 2.85% over the past year and by 15% year-to-date. Evercore ISI discussed the firm in late January. It raised United Parcel Service, Inc. (NYSE:UPS)’s share price target to $113 from $94 and kept an In Line rating on the shares. The target bump came ahead of the company’s earnings report, with the financial firm outlining that a deceleration in US revenue could be countered by the growth in exports to China. United Parcel Service, Inc. (NYSE:UPS)’s fourth quarter revenue of $24.5 billion beat analyst estimates of $24 billion. The firm’s $2.38 in profit per share also exceeded $2.20 in estimates. As part of the earnings release, United Parcel Service, Inc. (NYSE:UPS)’s CEO outlined that his firm would focus on profitability by reducing low-cost deliveries for retail giant Amazon. Cramer discussed the firm’s share price movement, consistency, and dividend:

“Well they didn’t cut the dividend.

“Now these aren’t really growing, it’s just that they’re consistent.”

While we acknowledge the risk and potential of UPS 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 UPS 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.