Jim Cramer Suggested Buying These 8 Stocks on Weakness

2. Marriott International, Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 69

Cramer highlighted that Marriott International, Inc. (NASDAQ:MAR) has been rising recently and also reported solid earnings results.

“When you travel, you need someplace to stay, don’t you? There are two stocks that are roaring in this cycle. Marriott and Airbnb, they just reported excellent numbers. These were cyclical stocks before Covid. Now they’re secular, meaning they seem to have growing, growth no matter what.”

Marriott International, Inc. (NASDAQ:MAR) operates and franchises a range of hotels, residences, timeshares, and yachts worldwide, under several well-known brands. A few weeks ago, agreeing with a caller that the company is the top name in lodging and hotel, Cramer commented:

“They are, and I don’t even mind that the stock is three points off its high. You buy some and then you let it go down. It is at 30 times earnings. That is a high multiple for Marriott but the travel thesis is so strong, you don’t know when you’re gonna get in, but you buy some. You don’t buy all of it right now, you buy some. That’s the prudent way to do it.”