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Jim Cramer Prefers FedEx Over This Delivery Giant That 'Screwed Up A Lot Of Holiday Seasons'

Benzinga ·  Dec 3 23:12

On CNBC's "Mad Money Lightning Round," Jim Cramer said United Parcel Service, Inc. (NYSE:UPS) has "screwed up a lot of holiday seasons." He prefers FedEx Corporation (NYSE:FDX) over UPS.

On Oct. 24, United Parcel Service reported better-than-expected third-quarter financial results.

It's time to take profits in Omeros Corporation (NASDAQ: OMER), Cramer said.

On Nov. 13, Omeros reported better-than-expected third-quarter earnings results.

When asked about Lockheed Martin Corporation (NYSE:LMT), he said, "I would not touch this thing until it broke 500. But it's run by Jim Taiclet [CEO of Lockheed Martin], and he's really fabulous."

On Oct. 22, the company reported net sales growth of 1.3% year-over-year to $17.104 billion, missing the consensus of $17.351 billion. Adjusted EPS of $6.84, up from $6.77 in the prior year, topped the consensus of $6.50.

"I actually think these stocks have over-heated, and I am worried about a strong unemployment number on Friday," Cramer said when asked about Archer Aviation Inc. (NYSE:ACHR).

On Nov. 7, Archer Aviation reported better-than-expected third-quarter earnings results.

The "Mad Money" host recommended taking a pass on AstraZeneca PLC (NASDAQ:AZN). "There's just been a series of disappointments. I don't know what to make of it," he added.

On Nov. 12, AstraZeneca reported third-quarter sales of $13.57 billion, up 18% year over year (+21% at constant currency), beating the consensus of $13.09 billion. The company's adjusted EPADS reached $1.04, beating the consensus of $1.03. The adjusted EPS was $2.08 (1 ADR = 2 Common Shares).

Price Action:

  • Lockheed Martin Corporation shares fell 1.1% to settle at $520.34 on Monday.
  • UPS shares fell 1.3% to close at $134.02.
  • Omeros shares gained 5.3% to close at $11.95 on Monday.
  • Archer Aviation shares dipped 23.7% to close at $7.30.
  • AstraZeneca shares fell 0.9% to settle at $67.04 on Monday.
  • This Analyst With 85% Accuracy Rate Sees More Than 8% Upside In CrowdStrike – Here Are 5 Stock Picks For November From Wall Street's Most Accurate Analysts

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