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CNBC’s Jim Cramer on Friday explained why he’s positive on FedEx
after the company surprised Wall Street with a strong quarter, saying the company has managed to cut costs effectively and adapt to a changing global commerce landscape.
“Even in a tough environment, FedEx managed to blow away the numbers last night, and looking at how they pulled that off, I’ve got to tell you, I am cautiously optimistic that this one is not done and is going higher,” he said.
