Jim Cramer Looked At These 11 Stocks Recently

8. United Parcel Service, Inc. (NYSE:UPS)

Number of Hedge Fund Holders: 59

A caller mentioned that they liked United Parcel Service, Inc.’s (NYSE:UPS) cost management strategies and asked if the stock could go higher. Cramer replied:

“I think that I question their strategy and I certainly, I do not question the strategy of another stock that’s down a lot, which is FedEx. That’s the one I’d be buying and that’s Raj Subramaniam is doing a remarkable job. FDX stock’s up today. I think it’s the beginning of a big move. UPS, challenged.”

United Parcel Service (NYSE:UPS) is a major logistics and package delivery company and provides a variety of services including transportation, distribution, contract logistics, ocean and air freight, customs brokerage, and insurance. The company released its full-year 2024 consolidated results on January 30.

United Parcel Service (NYSE:UPS) reported a total revenue of $91.1 billion for the year, with an operating profit of $8.5 billion and an operating margin of 9.3%. The company also saw diluted EPS reach $6.75. Cash flow from operations amounted to $10.1 billion, while the non-GAAP adjusted free cash flow was reported at $6.3 billion.