Syeda Seirut Javed
1 min read
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FedEx Corporation (NYSE:FDX) is one of the 13 stocks Jim Cramer recently shed light on. Cramer mentioned that there is an “opportunity” in the stock, but it is dependent on tariffs, and he remarked:
“Third loser, freight transportation. Truckers can’t seem to make their numbers. The railroad stocks can’t get any momentum. FedEx showed you how hard this business is when they reported last night. Their business-to-business service has been stuck in neutral, even as the business-to-consumer side is okay, but FedEx hasn’t been able to make the Street’s numbers.
A driver unloading packages from a van for a time-critical delivery.
FedEx (NYSE:FDX) provides a range of transportation, logistics, and business support services, including express and ground delivery, freight shipping, and supply chain solutions. Moreover, the company offers e-commerce, customs brokerage, and trade management tools for global commerce.
While we acknowledge the potential of FDX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
