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Stocks are doing their best to claw back gains after entering correction territory. Is the selling over?
Amid a report in The Wall Street Journal saying Amazon is set to start a delivery service that could compete with FedEx and UPS, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said FedEx is "not a company that's easily beaten."
With the help of its massive scale and infrastructure investments, the e-commerce giant continues rolling out fulfillment and delivery services likely to carry high margins.
Stocks went on a rollercoaster ride on Friday.
Amazon could soon disrupt the shipping industry - just as it did the grocery business last summer and the healthcare industry in the fall.