Viking Holdings (VIK) "is One of the Best Companies That I've Dealt With," Says Jim Cramer

We recently published 10 Stocks on Jim Cramer’s Radar.  Viking Holdings Ltd (NYSE:VIK) is one of the stocks on Jim Cramer's radar.

Viking Holdings Ltd (NYSE:VIK) is the final cruise ship stock Cramer discussed during this appearance. On December 15th, Jefferies upgraded the shares to Hold from Buy and increased the share price target to $80 from $60. The bank commented that Viking Holdings Ltd (NYSE:VIK)’s business model and its focus on luxury cruise travel merited the optimism. These should also improve the firm’s net yield, commented the firm. Jefferies’ action followed Goldman Sachs upgrading Viking Holdings Ltd (NYSE:VIK)’s shares to Buy from Neutral and raising the share price target to $78 from $66 on December 9th. As part of the coverage, Goldman outlined that the firm’s geographic exposure and focus on the luxury travel industry had enabled it to navigate through the headwinds faced by the broader cruise ship industry. Cramer agrees with the positive assessment of Viking Holdings Ltd (NYSE:VIK):

“The one that you want to be in, just so you know, and they come on and they’re not jokers, is Viking. Viking cruises are for a little bit wealthier. . but look at that stock, someone put up the chart of Viking Holdings, this is one of the best companies that I’ve dealt with in a long time. And I think that the people who run it, 59% up this year, incredible.”

While we acknowledge the potential of VIK 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.