Regarding FedEx, Cramer said investors should focus on what the company will do going forward.
Management raised its full-year guidance, and Cramer suggested that the stock should continue to be strong in 2014. Cyber Monday shipments were not recorded in the recent quarter, which should boost results in the next quarter.
He added that he likes FedEx going forward but loves United Parcel Service (UPS), which, he said, "is even better."Turning to General Mills, Cramer said shares have failed to really sell off, even though the company reported a "challenged quarter." He attributed the stock's strength to its dividend yield and the company's strong management, led by CEO Ken Powell. All of the company's sales have been under pressure, because many consumers likely feel like the company charges too much for products that aren't entirely natural and organic, Cramer said. Cramer concluded that natural and organic is something consumers want and suggested investors buy Whole Foods Market (WFM).
At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, had no positions in the securities mentioned. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts