Jim Cramer expressed reluctance to bet against Booking Holdings Inc. (BKNG) despite recent negativity, citing positive remarks from American Airlines and the company’s strong position. Morgan Stanley upgraded BKNG to Overweight, noting its crucial role in the travel industry and ability to leverage user data for improved margins, even with the growth of AI. The article mentions that while BKNG shows potential, some AI stocks may offer greater returns and less risk.
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Jim Cramer Doesn't Want to Bet Against Booking Holding (BKNG)
Jim Cramer expressed reluctance to bet against Booking Holdings Inc. (BKNG) despite recent negativity, citing positive remarks from American Airlines and the company’s strong position. Morgan Stanley upgraded BKNG to Overweight, noting its crucial role in the travel industry and ability to leverage user data for improved margins, even with the growth of AI. The article mentions that while BKNG shows potential, some AI stocks may offer greater returns and less risk.