United Parcel Service (UPS) Is Consistent, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Talked About.  United Parcel Service, Inc. (NYSE:UPS) is one of the stocks that Jim Cramer talked about.

Logistics giant United Parcel Service, Inc. (NYSE:UPS)’s shares are up by a modest 2.85% over the past year and by 15% year-to-date. Evercore ISI discussed the firm in late January. It raised United Parcel Service, Inc. (NYSE:UPS)’s share price target to $113 from $94 and kept an In Line rating on the shares. The target bump came ahead of the company’s earnings report, with the financial firm outlining that a deceleration in US revenue could be countered by the growth in exports to China. United Parcel Service, Inc. (NYSE:UPS)’s fourth quarter revenue of $24.5 billion beat analyst estimates of $24 billion. The firm’s $2.38 in profit per share also exceeded $2.20 in estimates. As part of the earnings release, United Parcel Service, Inc. (NYSE:UPS)’s CEO outlined that his firm would focus on profitability by reducing low-cost deliveries for retail giant Amazon. Cramer discussed the firm’s share price movement, consistency, and dividend:

“Well they didn’t cut the dividend.

“Now these aren’t really growing, it’s just that they’re consistent.”

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Disclosure: None. This article is originally published at Insider Monkey.