Jim Cramer Notes “Expedia’s the Cheaper Stock” Compared to Booking

Expedia Group, Inc. (NASDAQ:EXPE) is one of the travel and leisure stocks Jim Cramer recently talked about. Cramer noted that the stock is cheaper than BKNG, as he commented:

“I’d much rather go with the online travel agencies like Expedia and Booking Holdings… Expedia’s up… 35% before it bottomed in early November. Of the two (BKNG and EXPE), Expedia had the better third quarter… Expedia’s the cheaper stock, trading at just over 15 times next year’s earnings. That’s way too cheap versus roughly 20 times earnings for Booking. Plus, both of them should do better if I’m right about the consumer’s a lot more resilient than anyone thought of a month ago.”

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Expedia Group, Inc. (NASDAQ:EXPE) operates travel platforms that provide lodging, flights, car rentals, vacation rentals, and package options. During the September 22 episode, Cramer suggested sticking with the company’s stock, as he said:

“And then there’s Expedia, the online travel agency. Expedia’s projected to put up 18% earnings growth next year, but it sells for 13 times next year’s numbers. Oh, that is very cheap. In fact, it’s much cheaper than key competitor, Booking Holdings, at 21 times earnings. So I say stick with Expedia. Booking’s a very well-run company though.”

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