Downgrades are your chance to buy, says Jim Kramer

Recently released Jim Kramer of 10 shares spoke as everyone said they won Trump’s Japanese trade.. Royal Caribbean Cruises Ltd. (NYSE: RCL) is one of the stocks that Jim Kramer has recently discussed.

Royal Caribbean Cruises Ltd. (NYSE: RCL) is one of the largest cruise ship operators in America. The stock is earning 53% per year due to strong revenue and analyst optimism. The stocks are working well despite the fact that Royal Caribbean Cruise Limited (NYSE: RCL) and other cruise ship stocks suffered earlier this year after reports that the Trump administration has cancelled tax exemptions for the industry. Despite the stocks falling at the time, Cramer remained optimistic. More recently, Bernstein and CFRA analysts have raised the price target for Royal Caribbean Cruises Ltd. (NYSE: RCL). These upgrades were part of Cramer’s latest comments.

“But did you see people say about cruise ships again? Oh, me and this royal Caribbean, someone downgraded the Royal Caribbean. Forget that. That’s another chance to buy it.

Here’s what Cramer said about Royal Caribean Cruises Ltd. (NYSE: RCL) after his tax exemption report:

“Yeah, Royal Caribbean. I mean last night they pushed very hard, saying their numbers were very good. Jason Liberty, who is on the show. A few weeks ago, CEO, he said things are good.

While we acknowledge the potential of RCL as an investment, our conviction lies in the belief that some AI stocks hold a greater commitment to providing higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. Best Short-Term AI Stocks.

Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.

Disclosure: None. This article was originally published Insider Monkey.