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Jim Cramer, host of Mad Money at CNBC, highlighted the recent performance of FDX, describing its results as strong and competitive.
Cramer said that FDX is surpassing its competitors and delivering impressive performance metrics in the current market.
Cramer recently commented that the market is no longer overbought and could rally, highlighting compute-ai and financials as potential leaders in gains in a recent note on sector strength. He has also questioned claims of heightened risk appetite, stating that U.S. investors remain focused on the S&P 500 and ETFs, according to a separate analysis of investor trends. These observations provide context for his positive assessment of FDX's performance.