Jim Cramer Highlights Southwest Air CEO’s Enthusiasm Around the Company’s Prospects

Southwest Airlines Co. (NYSE:LUV) is one of the travel and leisure stocks Jim Cramer recently talked about. Cramer highlighted his discussion with the company CEO, as he stated:

“Some of the lower-cost names like Southwest Air and Alaska Air are up even more than that, with gains close to 40% from the November lows. I spoke with Bob Jordan, the CEO of Southwest, on Squawk on the Street yesterday. He sounded pretty darn enthusiastic about his company’s prospects now that they’re working hand in hand with the very smart activist investors at Elliott Management.”

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Southwest Airlines Co. (NYSE:LUV) provides passenger air travel with a focus on convenience, loyalty rewards, and digital tools for booking. Cramer highlighted the stock during the April 14 episode and said:

“The airlines, they’ve been a mixed blessing between Delta bad, United good, the weak, and the strong. Which is Southwest, and which is American? I think they’re in the Delta camp, but their stocks are cheap. They may not stay that way.”

It is worth noting that Southwest Airlines Co. (NYSE:LUV) stock is up nearly 65% since the above comment was aired.

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Disclosure: None. This article is originally published at Insider Monkey.