CNBC Investing Club: Cramer's Morning Take on Fedex 10/27/26

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1:19That's one word, morning take. UPS was up, then I saw it was down. I think it's higher now. All right. Now, FedEx is much better. You know, at FedEx, we're flat right now, and we haven't talked about it. I would say let's leave here and buy some FedEx. FedEx reports tomorrow night. We don't buy up three. Sorry. But the line that hurt UPS briefly on the call was that they said Q4 U.S. daily volumes will be lower year over year. But a lot of that was due to the planned Amazon reduction. Right. Working that business off. I think you'll find that the FedEx number will compare very positively. Yeah, and so if you strip out Amazon, it's doing okay.

2:02Very positively. And then Corning, here's one we've been talking a lot about upstairs. Down, despite a better-than-expected quarter, the guide was above street, optical segment accelerated sales growth. But maybe it's concerns about what Starlink may do to some of the carrier side of the business. AT &T, Verizon. Legacy. That has become an overhang here. Yeah, so I look at it and I say, you know what? I'm glad we sold it. There's a level where I do want to get back in. Maybe it's not here. The numbers are still good. I don't know. Maybe it's not here. Boeing is in free fall right now as the quarter goes on.

2:35And this is what I've said is that this is going to be the clearing amount that we want. I've been waiting. We have not bought. It will be time to buy. It's obviously disappointing. But I do want to battle it. I want to battle it. I've attempted to go back into Corning. want to do more work on it. And FedEx, I think, is going to be very good tomorrow. But there is no doubt that Boeing, when I spoke to Kelly this morning, that we finally have a clean Boeing. And if someone's disappointed, it's because they literally did believe that there was going to be big numbers next year. I don't know why they felt that.

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