Jim Cramer says buy a recovering logistics stock after sharp rebound
TheStreet · Mwangi Enos ·
Here's what could happen to FDXF shares next.
A friend of mine runs a hardware shop, and I remember a time his shelves were running empty because a shipment of paint and some other items hadn’t arrived. The delivery was supposed to arrive that day I visited, but it didn’t show up until a few days later.
He definitely lost almost a week of sales and a few regular customers who went elsewhere. Since then, I know how much he values a supplier’s reliability.
I remembered the empty-shelves debacle after coming across FedEx Freight (FDXF), the stock Jim Cramer endorsed on Nov. 3 on Mad Money Lightning Round.
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