What You Missed on Mad Money: 17 Stocks Reviewed by Jim Cramer

11. Booking Holdings Inc. (NASDAQ:BKNG)

Booking Holdings Inc. (NASDAQ:BKNG) was among the stocks Jim Cramer discussed on Mad Money as he addressed investors’ recent overblown worries and growth stocks stuck in bear-market territory. Cramer discussed the company in light of the Iran conflict, as he commented:

Third, there is one that frankly was so hot for so many years, I don’t believe that people could totally give it up… It’s called Booking Holdings, it’s the old Priceline, also owns Booking.com, KAYAK, OpenTable, couple of other consumer travel entertainment brands. Okay, here’s a stock that’s down 22% from its highs because of AI displacement, right? I mean, we think it’s going to be disrupted because the online travel agents are basically aggregators, right, and Anthropic’s Claude can aggregate, too. I get that. That’s a threat.

At the same time, we don’t know really how the travel business will handle the war with Iran and the spike in oil prices. Booking also has more exposure to Europe than its main rival, Expedia, which likely means they’re in worse shape because Europe’s feeling more of a squeeze economically thanks to the sky-high natural gas prices over there, and gasoline, of course. But I think a lot of that’s really kind of already baked into the stock.

Plus, when Booking Holdings reported mid-February, management sounded pretty confident. They offered a strong full-year forecast. Of course, that was before the war. But at 17 times earnings, I think the price is right for this company that’s expected to deliver 17.6 earnings growth. 17.6% earnings growth at 17 times earnings, that’s good. At the same time, I’m betting people need a vacation after a harsh winter and a stressful few months. When the war ends, I think this thing’s going to soar.

Booking Holdings Inc. (NASDAQ:BKNG) operates travel and dining platforms that enable users to book accommodations, flights, car rentals, activities, and restaurant reservations.