As the euphoria over tamer-than-expected inflation settles down, a component of inflation raises hope that a sustainable downtick could be well on its way, according to CNBC's Mad Money host Jim Cramer.
Keybanc has decided to maintain its Overweight rating of C.H. Robinson Worldwide (NASDAQ:CHRW) and lower its price target from $135.00 to $120.00.
Shares of C.H. Robinson Worldwide are trading up 0.47% over the last 24 hours, at $88.58 per share.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended staying with Frontier Group Holdings Inc (NASDAQ: ULCC), and added that "I’m not going to go against an airline when people seem to want to travel more than they want to talk with people."