CNBC Cramer: 188bet app will recover strongly from the epidemic,But investors are not ready yet

Cultural 188bet app Benefits Author of this 188bet app: FX168 2021-03-04
The months-long rally in travel stocks reflects investors’ strong confidence in a substantial recovery。

CNBC’s Jim Cramer said Wednesday (March 3),He expects the 188bet app industry to recover strongly from the coronavirus pandemic,This will have a significant impact on companies involved in the industry and the overall U.S. economy。

“This country is going to have a boom,But I don’t think people are ready yet," Kramer said on Squawk on the Street。“When I talk to pharmaceutical companies,They think there 188bet app prosperity。Transportation companies also believe that there 188bet app prosperity. ...”

During the COVID-19 crisis,The hospitality and 188bet app industry is one of the hardest hit industries。But with the popularity of the new coronavirus vaccine,People’s optimism is beginning to grow。For example,U.S. President Joe Biden said on Tuesday,By the end of May,The United States will provide enough doses for every American adult。This is two months earlier than the government expected。

As of Tuesday,The Centers for Disease Control and Prevention reports,About 78.6 million doses of vaccine have been administered in the United States,About 26.1 million of these are second doses of Pfizer and Moderna vaccines。The U.S. Food and Drug Administration also recently granted emergency authorization for a single-dose vaccine from Johnson & Johnson。

Travel companies hit hard by the epidemic,Shares of cruise operator Royal Caribbean and airlines, for example, have been rebounding in recent months。Since October 1 last year,Tracking airline U.S. Global Jets ETF has risen more than 50%。

Cramer said,The months-long rally in travel stocks reflects investors’ strong confidence in a substantial recovery,Suggesting interest in these stocks may come from more than just retail traders。

Since October 1 last year,Royal Caribbean’s stock price has risen about 45%。The company’s CEO Richard Fain said,There are reasons to be optimistic about the recovery of the 188bet app industry。Fein said in an interview with CNBC last week,Encouraging advance booking data from cruise operators。

“Some of the things we worried about didn’t happen,This is better than we thought,”Fein specifically noted the age of the person booking the trip。“We really think the older population 188bet app more cautious。Proof of fact,They also want to leave home。”

Cramer said,Although during the pandemic,Self-driving trips closer to home are popular,But he expected,Feeling comfortable once vaccinated,People 188bet app want to travel “anywhere”。“I think they’ll go a different route,”For example, choose the house rental company Airbnb to stay,Kramer said,This may be good for the company’s stock price。

*this文来Source: FX168, original title: "Finance guru Cramer: The 188bet app industry will recover strongly from the new crown pandemic, but investors are not ready yet》.

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