Jim Cramer Talked About These 11 Stocks Recently

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

Number of Hedge Fund Holders: 60

Marriott International, Inc. (NASDAQ:MAR) operates and franchises hotels, residences, timeshares, and yachts worldwide under various well-known brands. Talking about the company, Cramer remarked:

“Stepping back, I think the travel and leisure stocks remain undervalued because so many analysts keep thinking this story just can’t last… Same reason why Marriott stock keeps climbing.”

On January 28, Marriott (NASDAQ:MAR) reported impressive global growth for 2024, marking a significant achievement with a record 123,000 new rooms added, resulting in a net room growth of 6.8% for the year. As of the end of 2024, the company had more than 577,000 rooms in its development pipeline, setting the stage for continued expansion in the years ahead.

By year’s end, the company had expanded its reach to over 9,300 properties, spanning 144 countries and territories. In its largest market, the U.S. and Canada, Marriott’s (NASDAQ:MAR) portfolio had surpassed 1 million open rooms, distributed across 6,307 properties. Additionally, nearly 263,000 rooms, spread across 2,161 properties, were in the development pipeline in this region alone.