Jim Cramer says he likes FedEx (FDX) over UPS

We recently released a list Today, 10 shares of Jim Cramer radar. In this article, we will look at the positions of FedEx Corporation (NYSE:FDX) with other stock stands on the Jim Cramer radar.

Jim Cramer talked about the latest trends in the AI ​​data center industry in a newest plan for CNBC, and said that demand has not slowed down according to reports from some leading companies:

“Since the money-making season is in progress, we've heard from a group of companies related to the AI ​​data center theme, what do you know? They've been coming up with big numbers all the time. It's almost like there's no problem with the story of AI infrastructure in the first place.”

Kramer then talked about several major AI companies and said that most of the top companies have strong demand for data centers. He believes that the tech giant led by Satya Nadella has slowed down AI spending in its “breakup” with Openai.

“Wall Street has become very skeptical, and I don't think that really has changed. But from the seasons we've seen so far, I'm more optimistic about the story, especially if we get more trade wars from the White House and stocks are cheaper and stocks are cheaper.

Please read also: 7 Best Stocks to Buy in Long-Term and 8 Cheap Jim Cramer Stock Investing

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Number of hedge funds Investors: 55

Jim Cramer said in CNBC's latest plan that he prefers FedEx (NYSE:FDX) over UPS.

“I think I question their strategy, and I certainly don't question the strategy of another stock, it's FedEx. It's the strategy I'm going to buy. RajSubramaniam did a great job. Today's FedEx Stock is added today. I think it's the beginning of a big move.

Sound Shore Management means the following content about FedEx Corporation (NYSE:FDX) Q3 2024 Investor Letter: