Why Jim Cramer Is Staying Away From Airline and Travel Stocks

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Looking to buy?

Well, you might want to stay away from the travel and leisure stocks. 

Cramer wrote about travel and airline stocks in his Real Money column Thursday morning.

"There's at risk, and then there's really at risk. Even after this market has been clubbed for five days, we find situations where things could get appreciably worse, and things could only get worse," wrote Cramer. "I think that's where the focus has to be -- loss mitigation -- because there are too many companies that could see earnings hammered and stay hammered, while others will see them hammered once or twice or maybe three times only until their stocks represent too many estimate cuts and that's when they will bottom."

Watch the full video above for more. 

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