We recently published 11 Fresh Stocks Jim Cramer Talked About While Discussing AI-Led “American Renaissance”. Southwest Airlines Co. (NYSE:LUV) is one of the stocks Jim Cramer recently discussed.
Southwest Airlines Co. (NYSE:LUV) is one of the largest airlines in America. Its shares have gained 11% year-to-date after dipping by a sizable 26% between late March and early April. Southwest Airlines Co. (NYSE:LUV)’s shares fell during the tariff turmoil and worries about its impact on the broader economy and consumer spending. In his previous remarks, Cramer has wondered whether the firm’s shares were cheap. Southwest Airlines Co. (NYSE:LUV) made a major announcement earlier this year when it announced that it would start charging customers for their baggage. Cramer commented on the policy change:
“Southwest is actually not doing as well since they changed the luggage.”
A commercial Boeing 737 aircraft flying in the sky with the well-known SWABIZ logo on it.
Previously, the CNBC TV host discussed Southwest Airlines Co. (NYSE:LUV) in the context of other airline stocks:
“The airlines, they’ve been a mixed blessing between Delta bad, United good, the weak, and the strong. Which is Southwest, and which is American? I think they’re in the Delta camp, but their stocks are cheap. They may not stay that way.”
While we acknowledge the potential of LUV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.