Jim Cramer on the Action Alerts Plus Winners: XPO Logistics

Jim Cramer on why the Action Alerts Plus portfolio sold their position in XPO Logistics.
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Jim Cramer broke down his winners and losers of 2018 in his final Action Alerts Plus conference call on Tuesday, Dec. 17.

One winner for Cramer's Action Alerts Plus portfolio was XPO Logistics (XPO) - Get Report . The portfolio sold out of its position in XPO on Jan. 2nd, 2018. 

Year-to-date, XPO is down around 42%. The stock trades around $53 currently. 

Cramer explained why he and his team decided to sell out of XPO in the December call. 

"I don't know if you've seen what's been happening with that stock, but it is considerably lower than where we bought it down 40 percent. Okay. Before I get into why it was a great decision to exit the position and lock in a nice 27 percent gain instead of a 40 percent loss on our final sale on January second. It's always great to kick off the year with the win? Let's go back and recall how we got there," Cramer told his Action Alerts Plus members.

He continued, "We had some early success with the stock, but then we were given a terrific gift right before Christmas. On December 22nd, an unconfirmed report from the trade publication, Recode, came out and said Home Depot held internal talks about potentially acquiring XPO. But get this, the real kicker of the story was one of the reasons listed why Home Depot was interested, it was to keep XPO out of the hands of Amazon. Remember 2017 was the year Amazon acquired Whole Foods, so the brick and mortars were fearing what the Deathstar might do next to make that acquisition work even better."

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