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

When discussing logistics services supplier FedEx Corporation (NYSE:FDX), Jim Cramer often mentions its CEO, Raj Subramaniam. While discussing the steadfast successful September aft its net report, Cramer commented that the net telephone marked a alteration successful code for Subramaniam arsenic helium became the “most bullish” since taking over. The CNBC TV big besides remained cautiously optimistic astir a rally successful FedEx Corporation (NYSE:FDX)’s shares aft the earnings. In this appearance, helium mentioned the CEO again and praised him for having met the firm’s legendary founder, Fred Smith:

“Raj Subramaniam, has taken FedEx and, I loved the precocious Fred Smith, helium was a person of mine. But he’s taken FedEx to the level which Smith told maine helium would do. Which is simply a large grant erstwhile you unrecorded up to what Smith says. So the illustration of FedEx is simply a illustration of what I deliberation is happening. And it’s conscionable terrific. And I truly liked that.”

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However, connected October 8th, Cramer discussed FedEx Corporation (NYSE:FDX) arsenic portion of a radical of firms:

“The FedEx shocked me. Because I was betting that Raj Subramaniam, this is going to beryllium the large turn, he’s taking a immense magnitude of concern from UPS. But they also. . .cut numbers UNP, they chopped numbers CSX. That is slowing of the economy. So we person this slowing of the system story, we’ve got the froth story, and past we’ve got the existent companies that are doing rather good and they thin to beryllium progressive successful the gathering of the information center.”

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.