Jim Cramer: UPS Is Growing Off of Amazon
Jim Cramer thinks United Parcel Service's is being helped by Amazon.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer thinks United Parcel Service (UPS) - Get Report is being helped by Amazon (AMZN) - Get Report . Cramer said the company's 5.6 percent year-over-year jump in revenue from its Next Day Air shipments was fueled by Amazon packages. On Friday, UPS reported quarterly earnings of $1.43 a share, in-line with Wall Street's estimates.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
