Jim Cramer on Carnival Corporation: “It Seems Like the Street’s Going Very Positive About the Cruise Lines Again”

Carnival Corporation & plc (NYSE:CCL) is one of the stocks in the recent Mad Money recap of everything Jim Cramer said about his upcoming game plan. Cramer finished his game plan with the stock, as he said:

Thursday, dry day, but Friday, we get the earnings from Carnival, and it seems like the street’s going very positive about the cruise lines again. These stocks have been hammered, and they aren’t helped by these higher fuel costs. But Carnival’s considered a value vacation, something that seems rare these days, value.

Photo by Stephanie Klepacki on Unsplash

Carnival Corporation & plc (NYSE:CCL) runs cruise lines and offers vacation trips. The company also manages ports, hotels, lodges, and tours that support its cruise business. A caller inquired about the stock during the March 19 episode, and Cramer replied:

Carnival, yeah, I saw the, I like the upgrade. It looks like the, you know the, actually the reservations are coming through. That’s an inexpensive stock.

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