Jim Cramer: Every Day Is a ‘Peak Day’ at FedEx

TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer was impressed with FedEx’s (FDX) latest quarterly results. ‘Put FedEx in that camp with Honeywell (HON) and Facebook (FB) with unbelievable quarterly conference calls,’ Cramer said. ‘This time it was all about the Internet and about how there is so much business – only 3 percent is [from] Amazon (AMZN).’ Cramer said there’s no such thing anymore as ‘peak day’ for FedEx. ‘Every day is a peak day and they’ve figured out how to make money on bigger boxes,’ he added. ‘You must read the conference call – FedEx is going much higher.’ Shares of FedEx gained 6.7 percent since the start of the year.