"I think FedEx (FDX) - Get Report is going to tell a good story" when it reports earnings on Tuesday, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said from the floor of the New York Stock Exchange.

So far, it's been a good year for shares of FedEx, with the stock up 34%. Investors are hoping that momentum continues into the company's busiest time of the year.

Global growth has been accelerating, Cramer explained, and many countries and regions that weren't growing are now posting growth too. So while the previously growing countries continue to expand, new ones are being added to the list as well.

That bodes well for FedEx, as increased growth demands more from the world's logistics companies.

Particularly in the U.S., shipping is doing well as growth continues to chug along. Investors saw the recent Cyber Monday sales and the online shopping that took place over the Thanksgiving holiday stretch.

E-commerce is very strong domestically and FedEx is an immediate beneficiary of that trend, he reasoned.

Analysts expect the company to earn $2.89 per share on $14.9 billion in revenue.

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At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.