Jim Cramer Doesn’t Believe United Airlines (UAL) Will Face Major Problem

We have recently published Jim Cramer Discussed AI Circular Deals, Top Quantum Plays & These 22 Stocks. United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the stocks discussed by Jim Cramer.

United Airlines Holdings, Inc. (NASDAQ:UAL)’s shares are up by 36% over the past year and are down by 17% year-to-date. TD Cowen discussed the firm on April 2nd as it reduced the share price target to $120 from $140 and kept a Buy rating on the stock. Some of the factors that the firm discussed in its coverage included weakness in consumer spending, higher energy prices, and their impact on the demand for travel. In March, UBS had discussed United Airlines Holdings, Inc. (NASDAQ:UAL)’s shares as it trimmed the share price target to $134 from $135 and kept a Buy rating. The bank explained that the firm was in a better position to manage the ongoing turmoil in the travel industry due to robust management practices. Cramer also praised United Airlines Holdings, Inc. (NASDAQ:UAL) and its management:

“Phil Lebow had a piece this morning, that was a clinic about the airlines. I would buy United, United’s going to have an unbelievable quarter. . .well that’s [lack of jet fuel in Europe] no longer an issue. It killed the stock, it killed them. I think you could buy them, it’s not going to be an issue, jet fuel.”

Jim Cramer Doesn't Believe United Airlines (UAL) Will Face Major Problem

While we acknowledge the risk and potential of UAL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UAL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.