We're buying the dip in a stock that we have been itching to get bigger in

Shortly after the opening bell, we're buying 130 shares of FedEx at roughly $304 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 230 shares of FDX, increasing its weight in the portfolio to about 1.75% from 0.75%. FedEx shares were falling 4% in early trading after the company provided noisy guidance Tuesday night. The selloff is finally giving us a chance to build up this tiny position around our initial cost basis. The reported quarter was better than expected, with FedEx beating analyst estimates on both revenue and adjusted earnings per share (EPS). As we previewed on Sunday, management's guidance was filled with a lot of noise, with the company excluding the newly spun-out FedEx Freight and transitioning to a new fiscal year. These changes made it difficult for investors and analysts to compare results, obscuring the momentum FedEx sees across its business, with a focus on premium business-to-business (B2B) verticals, including healthcare, automotive, aerospace, and data centers, as well as high-value business-to-consumer (B2C) paying off. FedEx guided calendar year 2026 adjusted EPS to be in the range of $16.90 to $18.10. While the full-year guide may have been slightly lighter than what a few Street analysts attempted to model, what's more important is that management estimated $11.30 of adjusted EPS (20% year-over-year growth) in its so-called seven-month transition period of June through December. …