Viking Holdings (VIK) had a great run this year, and then it gave a big chunk of it back.
The luxury cruise operator hit an all-time high of about $108 on Aug. 5. By Sept. 1, the stock had slipped to roughly $86, a drop of nearly 20% in under a month.
Jim Cramer says that drop is a buying opportunity, not a warning sign.
On CNBC's "Mad Money," Cramer told viewers to buy Viking into its weakness.
"I think it's crazy that people have been selling this thing," he said. "I'm telling you to buy the stock into its recent weakness."
#Stock #holdings
The luxury cruise operator hit an all-time high of about $108 on Aug. 5. By Sept. 1, the stock had slipped to roughly $86, a drop of nearly 20% in under a month.
Jim Cramer says that drop is a buying opportunity, not a warning sign.
On CNBC's "Mad Money," Cramer told viewers to buy Viking into its weakness.
"I think it's crazy that people have been selling this thing," he said. "I'm telling you to buy the stock into its recent weakness."
#Stock #holdings
11 days ago
