
Jim Cramer's Stop Trading! Cruise Missile
With
Carnival Cruise
(CCL) - Get Carnival Corporation Report
shares popping Friday, it's time for
Royal Caribbean
(RYL)
to play catch-up, Jim Cramer said on
CNBC's
"Stop Trading!" segment Friday.
"Royal Caribbean deserves a premium multiple to Carnival, but that's not how the market plays it," Cramer said. The stock "is not up enough."
Cramer said homebuilders like
KB Homes
are cheap enough that their downside risk is minimal, while the upside is huge. "Any pause from the
Fed
, and this will be the coiled spring of the market and the stocks will take off," Cramer said. "I don't see these companies going down to two times earnings."
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Cramer was also bullish on
Martek
(MATK)
, saying a recent contract win with
General Mills
(GIS) - Get General Mills Inc. Report
suggests the company is leaving its status as a "total show-me stock."
At the time of publication, Cramer had no positions in the stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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