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Benzinga
Benzinga
Business
Avi Kapoor

Jim Cramer Loves 'That Yield' But Passes On This Stock: 'Fundamentals Are Hurting'

Jim Cramer- AI Is Bigger Than Rate Cuts

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended not buying United Parcel Service, Inc. (NYSE:UPS). He added, “UPS is a real quandary. I love that yield, but I do think that the fundamentals are still hurting. I'm going to have to take a pass on that one.”

On the earnings front, UPS will release second-quarter results on Tuesday, July 29. Analysts expect the company to report quarterly earnings at $1.57 per share, down from $1.79 per share in the year-ago period. UPS projects quarterly revenue of $20.85 billion, compared to $21.82 billion a year earlier.

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