Skip to main content

Jim Cramer Says Don't Sell American Airlines Stock

Publish date:
Video Duration:

In intraday trading, Norwegian Cruise Line Holdings and United Airlines were advancing Tuesday on positive signs in the battle against the coronavirus, which has put a stranglehold on the travel industry 

This came after Russia claimed to have officially registered a coronavirus vaccine.

Russian President Vladimir Putin said Tuesday that Russia's health care regulator approved a Covid-19 vaccine, though the vaccine has yet to complete clinical trials and no information about any late-phase testing has been published.

More: Jim Cramer Wouldn't Take Putin's Word on Russian Coronavirus Vaccine

Speaking at a government meeting Tuesday, Putin said that the vaccine has undergone proper testing and is safe.

The World Health Organization said all vaccine candidates should go through full stages of testing before being rolled out.

The coronavirus outbreak has devastated the travel industry as people attempt to abide by social distancing restrictions.

 But Jim Cramer had some strong words to say about one travel stock: American.

He tweeted this morning to say, "Jimmy Chill says do me a favor those who made fun of me for recommending American Air, take a visit to Hades on an American jet and enjoy."

So what does he think about American following this news and the rotation?

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

Latest Videos From TheStreet and Jim Cramer:

Related Videos