Jim Cramer Says FedEx Corporation (FDX) Shares Should Perform Better
Group 1 - FedEx Corporation reported fiscal first-quarter earnings with revenue of $22.2 billion and adjusted earnings of $3.83, surpassing analyst estimates of $21.7 billion and $3.59 respectively [2] - Jim Cramer has praised FedEx's CEO, Raj Subramaniam, and expressed optimism about the company's future performance following the earnings report [2] - The company is recognized as a potential investment, although some analysts believe that certain AI stocks may offer higher returns with limited downside risk [3]