Jim Cramer on Royal Caribbean: “It’s the Clear Best of Breed”

Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer called it his favorite among cruise stocks and said:

“Next, from the consumer discretionary group, we’ve got two travel names. Royal Caribbean, my favorite of the cruise stocks because it’s the clear best of breed in one of my, in one of my absolute favorite groups.”

Is Royal Caribbean Group (RCL) the Most Undervalued Growth Stock to Buy Now?

Royal Caribbean Cruises Ltd. (NYSE:RCL) operates global cruise vacations through its Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands. Cramer mentioned the company in a July episode and stated:

“Today’s earnings made me feel like we’d forgotten the impact of all the tariff turmoil on the consumer. Some of the decline, I think, was an overreaction. Royal Caribbean went down on its outlook. But I gotta tell you, I checked that one out. I think the expectations simply got too high. People got used to this cruise line just crushing the high end of the estimates. Didn’t happen.”

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