Reported 23 days ago
In a recent CNBC appearance, Jim Cramer discussed FedEx Corporation (NYSE:FDX), emphasizing that despite its long-term outperformance compared to UPS, many investors are currently skeptical. Cramer highlighted the company's struggles in a challenging market, attributing the downturn in tech stocks to tax concerns and economic conditions. He noted that despite his praise for FedEx's CEO, the stock is facing negative sentiment, stating, 'Everybody hates it.'
Source: YAHOO