Jim Cramer on Booking Holdings: “It’s Glenn Fogel, and He’s Going to Snap Right Back Here”

Booking Holdings Inc. (NASDAQ:BKNG) is one of the stocks mentioned during the show, as we cover everything Jim Cramer said about the oversold market. A caller asked whether to buy the stock before or after the stock split. In response, Cramer said:

Well, look, what matters here is the fundamentals. Now, the quarter last time… people didn’t like it. I didn’t mind. And by the way… it’s Glenn Fogel, and he’s going to snap right back here. On a 25-for-1 for the first literally four weeks, there’s just a huge amount of people saying, hey, I got 5 shares more, I can sell or 10 shares. It causes a lot of churning. You can’t buy this for four weeks after it splits 25-for-1. And I’ve looked at these before, and that’s typically the way you have to go. But I do like the stock.

Photo by Anna Nekrashevich on Pexels

Booking Holdings Inc. (NASDAQ:BKNG) operates travel and dining platforms that enable users to book accommodations, flights, car rentals, activities, and restaurant reservations. We recently discussed the stock as we compiled a list of undervalued hotel stocks to invest in. You can read more here.

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