TheStreet.com RealMoney

Era of the Mundane

By Jim Cramer

About this article:
For being as "bad" as they were supposed to be, neither Best Buy nor FedEx did much damage to themselves regardless of what they might have done to the overall market. That is partly because neither company truly did disappoint. Sure they had excellent expense control, which gave you the upside for the quarter, but not big sales growth and I know people wanted sales growth. They wanted clear visibility, but who can really offer that these days? (I thought guidance was cut big by FedEx but that was a mistake I took off of news reports that proved to be inaccurate.) These companies, far from doing poorly, simply didn't give you enough reason to do anything aggressive. There were a lot of shorts and a lot of longs and they pretty much cancelled each other out after the initial downdrafts. People right now are simply...

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