Time to buy travel & leisure stocks?
"The baton has been passed from the stay-at-home stocks to the travel and leisure names, Jim Cramer told his Mad Money viewers Tuesday. But it's still not too late to cash in on the transition, Cramer added, as many of these stocks are only just now getting started," wrote TheStreet's Scott Rutt in his Mad Money recap.
That's why Cramer said it's time to buy Norwegian Cruise Line Holdings (NCLH) - Get Report, which finally received approval to sail again. He also recommended Wynn Resorts (WYNN) - Get Report as a play on Las Vegas and Walt Disney (DIS) - Get Report which will profit from the reopening of movies, theme parks and cruises," he continued. "Cramer was also bullish on AMC Entertainment (AMC) - Get Report and Airbnb (ABNB) - Get Report after the company's recent secondary offering of stock. Beauty is also a hot category, with Ulta Beauty (ULTA) - Get Report making Cramer's list, along with Estee Lauder (EL) - Get Report."
Recap TheStreet Live: Everything Jim Cramer Is Watching Wednesday