FedEx Aims to Beat with Help from Oil, Jim Cramer's Takeout Pick

FedEx will report earnings this morning before the open and analysts are looking for oil to potentially juice its bottom line. Shares have taken off in the second half of the year as the shipping company and expectations are for an increase to $2.20 per share. General Mills hasn't gotten that second-half boost, and now, its shares are break even and looking for lower earnings. Plus,Jim Cramer is taking his McDonald's pick up a notch, buying more shares with a price target of $100 on the stock. He's looking for some new activity in the New Year with activist investor Jana Partners on board.