Jim Cramer Discusses These 10 Stocks & Wonders Whether DeepSeek Stole From OpenAI

3. Viking Holdings Ltd (NYSE:VIK)

Number of Hedge Fund Holders In Q3 2024: 49

Viking Holdings Ltd (NYSE:VIK) is an American cruise ship operator. Its shares are up by a strong 88% since the date of its IPO in May 2024. Viking Holdings Ltd (NYSE:VIK) has benefited from strong financial results, as it grew its revenue by 11% during last year’s September quarter. Then, by November, the firm announced that 70% of its capacity had already been sold. Like its larger cruise industry peers, Viking Holdings Ltd (NYSE:VIK) has benefited from stronger demand that has also enabled cruise providers to charge higher prices. Cramer’s comments for the firm were in connection with the broader cruise industry:

“Look I think a lot of people really misjudged that industry. . . . I happen to like Viking by the way, not Viking Therapeutics, I like the Viking, the cruise. What people learn Carl, and I’ve spent a lot of time analyzing the industry, is it is such a bargain in an era of inflation. It’s just considered to be the best way to have a vacation. You know I just think that they are terrific. And everyone thinks, recognizes, that there are a lot of people who are snobs. Okay. The snobs don’t recognize that these things are great trips.

“I think it’s incredible and people have just misjudged the earnings power. And the earnings power is amazing.”