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A Bullish FedEx Is Always a Good Thing

By Jim Cramer

 About this article:
 FedEx says a boom is coming. Look at this stock: It never quits. Every time you think it is over -- like when it reported recently -- the stock drops, then stabilizes and roars ahead. This time the excitement revolves around a German magazine interview with a FedEx executive saying the second half pickup has begun. (Sometimes I wonder if a stock like FDX could be moving the whole market here!) I think FedEx is the single best gauge of worldwide commerce. If it sees a turn, there is a turn. Now, if you think back to when we last left FedEx, the company reported a so-so number and then allegedly guided down. (I say "allegedly" because it had never offered guidance to begin with.) I think that FDX's mention that things have turned up is consistent with the company's trajectory -- first, a statement that the...

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