FedEx (FDX)’s CEO Has Achieved Fred Smith’s Goal, Says Jim Cramer

Core Insights - FedEx Corporation (NYSE:FDX) is currently on Jim Cramer's radar, indicating potential interest from investors [1] - Cramer highlighted a change in tone from FedEx's CEO, Raj Subramaniam, who has become notably optimistic about the company's future [2] - Cramer expressed confidence in FedEx's performance, suggesting that Subramaniam is successfully advancing the company in line with the vision of its founder, Fred Smith [2] Company Performance - Following the earnings report, Cramer noted that Subramaniam's bullish outlook represents a significant shift since he took over as CEO [2] - Cramer remarked on FedEx's competitive position, suggesting that the company is capturing market share from UPS [3] - Despite the positive outlook for FedEx, Cramer acknowledged broader economic concerns, including a slowdown affecting other companies in the logistics sector [3] Investment Perspective - While FedEx shows potential as an investment, Cramer believes that certain AI stocks may offer better returns with lower risk [3] - The discussion around FedEx's performance is set against a backdrop of economic challenges, which may impact overall market sentiment [3]