Jim Cramer Says Cruise Companies Like Viking “Represent Tremendous Value”

Viking Holdings Ltd (NYSE:VIK) is one of the stocks Jim Cramer recently highlighted. Cramer discussed the company’s stock performance since it came public. He remarked:

“Lately, we’ve heard a lot of handwringing about how demand for travel is finally tapering off, but not all forms of travel are created equal. Some of them are more equal than others, and that’s why the cruise lines have been holding up incredibly well. They represent tremendous value. Take Viking Holdings, that’s the parent of Viking Cruises, which is the world’s leading river cruise play. So far, this stock’s up more than 155% since it came public, roughly a year and a half ago, including a 39% gain year to date. At these levels, Viking’s within striking distance of its all-time high.”

Viking Holdings Ltd (NYSE:VIK) operates a global passenger shipping business that provides river, ocean, and expedition cruises, along with tour and travel services.

While we acknowledge the risk and potential of VIK 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 VIK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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