Jim Cramer Says Cruise Companies Like Viking "Represent Tremendous Value"

Viking Holdings Ltd (NYSE:VIK) is one of the stocks Jim Cramer recently highlighted. Cramer discussed the company’s stock performance since it came public. He remarked:

“Lately, we’ve heard a lot of handwringing about how demand for travel is finally tapering off, but not all forms of travel are created equal. Some of them are more equal than others, and that’s why the cruise lines have been holding up incredibly well. They represent tremendous value. Take Viking Holdings, that’s the parent of Viking Cruises, which is the world’s leading river cruise play. So far, this stock’s up more than 155% since it came public, roughly a year and a half ago, including a 39% gain year to date. At these levels, Viking’s within striking distance of its all-time high.”

Viking Holdings Ltd (NYSE:VIK) operates a global passenger shipping business that provides river, ocean, and expedition cruises, along with tour and travel services.

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