Jim Cramer United Parcel Service: "I've Been Reluctant to Recommend It"

United Parcel Service, Inc. (NYSE:UPS) is one of the 14 stocks on Jim Cramer’s radar. A caller asked if Cramer believes that United Parcel Service, Inc. (NYSE:UPS) is positioned for growth, and Cramer stated:

“It’s got a 6.6% yield. I’ve been reluctant to recommend it because I thought the business was not good; business for FedEx isn’t that good. It’s down 20% for the year. I have to tell you, I don’t know if it goes up from here, I don’t, but I know that it seems like that they are getting their act together. But it’s a very tough stock to own, and if your husband hadn’t worked there… and had a lot of stock, I would say don’t own the stock.”

United Parcel Service, Inc. (NYSE:UPS) provides a wide range of package delivery and logistics solutions, including air and ground shipping, international freight forwarding, and e-commerce logistics. The company’s services also cover customs brokerage, distribution, post-sales support, and specialized logistics for sectors like healthcare.

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Disclosure: None.