You've Got a Treat With Carnival Corp (CCL) CEO, Says Jim Cramer

We recently published 10 Stocks on Jim Cramer’s Radar.  Carnival Corporation & plc (NYSE:CCL) is one of the stocks on Jim Cramer's radar.

Carnival Corporation & plc (NYSE:CCL) is one of the largest cruise ship companies in America. Its shares are up by 26% year-to-date, notably on the back of a 25% surge since early December. The tail end of the month has seen several analysts set their sights on the firm. For instance, TD Cowen reduced its share price target to $35 from $37 and kept a Buy rating on the shares on December 17th. The financial firm cut the price target due to pricing pressures. On December 22nd, Mizuho bumped its share price target for Carnival Corporation & plc (NYSE:CCL) to $38 from $37 and kept an Outperform rating on the shares. Mizuho cited the firm’s latest earnings report as being the reason behind the optimism. The earnings saw Carnival Corporation & plc (NYSE:CCL)’s revenue of $6.3 billion and earnings per share of $0.34 beat analyst estimates. The firm’s full-year guidance of $2.48 also beat estimates of $2.44. Cramer discussed the cruise ship company after its earnings on Mad Money and commented that the stock was a “bargain.” In this appearance, he mentioned Carnival Corporation & plc (NYSE:CCL)’s CEO Josh Weinstein as well:

“Look at those Carnival numbers today, that’s discretionary money, discretionary.

“. . and you’ve got a treat with Josh. I think that Josh is going to make the case that this is, you know this is still a value, it’s a bargain. . .there’s so many rooms, and people know that, if you go on a Carnival cruise, it’s not expensive.”

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