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

2. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Number of Hedge Fund Holders In Q3 2024: 52

Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the biggest cruise ship operators in America. Like its peers, the firm has been performing well lately with its shares having gained 109.8% over the past year. Key to Royal Caribbean Cruises Ltd. (NYSE:RCL)’s robust performance has been its financial performance which saw the firm grow Q3 revenue by 17.8% and Q4 revenue by 13%. The latest earnings report sent Royal Caribbean Cruises Ltd. (NYSE:RCL)’s shares soaring by 12%. Cramer mentioned the stock in connection with the broader cruise industry:

“Look I think a lot of people really misjudged that industry. Royal Caribbean being the best by the way. . . . 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.”