Jim Cramer Says Booking Holdings Is a Buy on Mad Money
Jim Cramer, host of Mad Money, recommended buying Booking Holdings (BKNG) after a caller noted the stock split. He praised CEO Glenn Fogel and the company's last quarter performance, highlighting AI opportunities in neoclouds.
Jim Cramer, host of CNBC's Mad Money, recommended buying Booking Holdings (BKNG) during a recent episode, citing AI opportunities in "neoclouds."
The recommendation came in response to a caller who noted the stock's recent split. Cramer said: "Okay, now remember, this stock's last quarter... Glenn Fogel's a terrific CEO, this stock's last quarter..." before praising the company's performance.
Recommendation Details
- Analyst: Jim Cramer (not affiliated with a formal research firm)
- Rating: Buy
- Stock: Booking Holdings (BKNG)
- Program: Mad Money on CNBC
Rationale
Cramer highlighted strong management under CEO Glenn Fogel and the company's solid last quarter. He also emphasized AI opportunities in neoclouds as a future growth driver.
Context
No other analysts have made similar calls recently. BKNG has seen volatility but stabilized after the stock split. The consumer cyclical sector is sensitive to economic cycles.
What It Means
Cramer's buy rating signals confidence in Booking's management and AI strategy. However, investors should consider travel sector risks and current valuation before investing.
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