Expedia Group, Inc. (EXPE) Had A Great Quarter, Says Jim Cramer

We recently published 9 Stocks Jim Cramer Recently Talked About As He Said I’m A Quantum Computing “Believer”. Expedia Group, Inc. (NASDAQ:EXPE) is one of the stocks Jim Cramer recently discussed.

Expedia Group, Inc. (NASDAQ:EXPE) is a travel services provider whose shares have gained 12.9% year-to-date. Over the past month, the shares have gained 14% after rising by 8.9% since the firm’s second-quarter earnings. The results saw Expedia Group, Inc. (NASDAQ:EXPE) beat analyst estimates for revenue, earnings, and bookings. Naturally, when his co-host pointed out that Morgan Stanley had added the firm to a list of stocks that would end up suffering because of AI, Cramer was surprised as he commented:

“Expedia just had a great quarter, what are they talking about?”

Here are Cramer’s previous thoughts about Expedia Group, Inc. (NASDAQ:EXPE):

“Look, travel’s been the biggest engine, okay. It’s been the biggest engine of the economy in the last six months. And you can hurt it. I mean we obviously got, we also had some terrible instances with planes. But you can hurt travel and travel’s really, . . . Someone upgraded Expedia yesterday, saying things were fine. But I do think that when you take the best bull market we have and you put chinks in it, we should then scramble. We scramble. Because we are running out of places that have bull markets.”

While we acknowledge the potential of EXPE 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.

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.