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Jim Cramer: UPS Is a Buy

August 28, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer says shares of UPS are not down more because the earnings estimate miss is a one-time event. The short holiday shopping season and a later big shipping day will not fool UPS again and this is a “sign of the times” since shoppers are moving away from malls and doing more of their shopping online. UPS didn’t recognize how strong their business is, which Cramer says is a “high-quality problem.” Cramer says UPS is a buy.

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