Jim Cramer on Vail Resorts: “I Want to Find Out If That Move Is for Real”

Vail Resorts, Inc. (NYSE:MTN) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Cramer discussed the stock during the episode and said:

After the close, we also hear from Vail Resorts. Alright, now, they’ve been rebounding… I don’t know if you’ve seen the stock, I want to find out if that move is for real. I think it might be. But then again, my wife called me right before the show and said she can’t believe she just paid $110 to fill up the tank. Not exactly a great backdrop for taking a long trip to do some skiing.

Vail Resorts, Inc. (NYSE:MTN) manages mountain ski areas and destination resorts. The company provides guest services like dining, equipment rentals, and specialized ski schools. In addition, it oversees a portfolio of luxury hotels and condominiums, along with real estate development and sales operations. During the January 30 episode, a caller inquired whether they should buy, sell, or hold the stock, and Cramer responded:

You know, I think it’s a very well-run company. Boy, the stock is down so low. I’m going to say buy it. I really am. I’m going to say Rob Katz does a good job. Let’s buy that stock right here.

While we acknowledge the risk and potential of MTN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MTN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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