Jim Cramer Says He Likes Carnival But Leans More Toward Viking Holdings

Carnival Corporation & plc (NYSE:CCL) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Toward the end of the lightning round, when a caller asked about the stock, Cramer remarked:

Okay, so this is very complicated for me because I like Carnival. It’s low multiple, but I think Viking is the one you can sail home in. I think come sail away with Viking for the next five years.

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. During the March 27 episode, a caller mentioned owning CCL and RCL and asked for Cramer’s opinion on the cruise line industry. He responded:

Okay, I only recommend Viking because I think Viking is insulated. They have a higher margin ship, and they’re in certain places that are not as easily disrupted, just like you described. And that’s the only one I like right now. I also like Disney cruises, but that’s very within the big confines of Disney, and that stock has been a very tough stock to own.

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