Jim Cramer Says Royal Caribbean is His "Fave" Among Cruise Line Stocks

Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the stocks Jim Cramer offered insights on. A club member inquired about how declining rates and increasing unemployment might impact the cruise sector. Cramer replied:

“I saw today, we had someone who cut the price target in Royal Caribbean for the same reason, but they also raised the price target in Vikings. So, I mean, I don’t know what they’re really getting at. I’m not, I’m not changing my view. These are all terrific, every single one of them. And Royal’s my fave, and I am not going to back away from it because I don’t think it’s much related to employment as it is related to value. Cruises are great value. They’re far less expensive than staying at a hotel, and they’re very, they’re a lot of fun. I’ve taken two of them in the last year. I gotta tell you, I think they’re fabulous.”

Royal Caribbean Cruises Ltd. (NYSE:RCL) operates global cruise services through its Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands.

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Disclosure: None. This article is originally published at Insider Monkey.