Why Jim Cramer Believes FedEx Freight Will Cash In on the E-Commerce Boom

One of the Trust's newest positions is FedEx Freight. Just got it. The freight stocks person been connected occurrence mostly due to the fact that the economy's truthful beardown and e-commerce is inactive taking stock implicit ceramic and mortar. FedEx Freight is uniquely acceptable up to instrumentality vantage of that trend. It's the caller less-than-truckload spinoff from FedEx. I similar that the company's connected way to chopped a immense magnitude of costs portion picking up a batch of marketplace share. Added bonus: self-driving trucks. They're coming, and they'll matter. That's it. Light week.

Stock marketplace data. Photo by Burak The Weekender connected Pexels

FedEx Freight Holding Company, Inc. (NYSE:FDXF) provides less-than-truckload freight proscription services. Cramer discussed the banal during the June 5 episode, arsenic helium remarked:

Today's the time erstwhile I'm arrogant that we held connected to our FedEx Freight, the caller spin-off that could spell from a decent less-than-truckload play into 1 of the champion operators successful the world. And remember, we don't attraction what benignant of institution makes the money. Doesn't person to beryllium a information halfway wealth maker.

While we admit the imaginable of FDXF arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years 

Disclosure: None. Follow Insider Monkey connected Google News.