Jim Cramer Discussed These 7 Stocks

1. FedEx Corporation (NYSE:FDX)

Number of Hedge Fund Holders: 66

FedEx Corporation (NYSE:FDX) was mentioned during the episode, and here’s what Cramer had to say:

“Okay, so FedEx, there were a lot of rumors that that Amazon’s gonna do more in the, in the kind of the trucking business that FedEx does. Now let me just tell you something. FedEx doesn’t do anything with Amazon. All right? FedEx stock is down very big. It’s at $253. I am calling it an opportunity. I think Raj Subramaniam is doing a terrific job and I think that, you know, what is the downside here? I mean, at the absolute low, it was at $239. [Now] it’s at $253… I think that this is where you start a position right now.”

FedEx Corporation (NYSE:FDX) provides a range of services including express delivery, small-package shipping, freight transportation, and various business support and e-commerce solutions.

While we acknowledge the potential of FedEx Corporation (NYSE:FDX) as an investment, our conviction lies in the belief that 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 FDX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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