Jim Cramer’s Charitable Trust purchased 40 shares of FedEx at approximately $311 per share, bringing its total position to 300 shares, representing 2.4% of the portfolio versus 2.1% previously. This purchase comes as FedEx stock declines following the quarterly results of rival United Parcel Service. UPS beat second-quarter expectations and raised its full-year 2026 guidance, but indicated it expects third-quarter revenue to be flat while analysts had forecast roughly 2% growth, with average daily volumes falling in the mid-single digits. Cramer views this as an opportunity, believing FedEx is gaining market share from UPS, particularly in high-margin business-to-business activities such as healthcare logistics.
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