Jim Cramer Was Talking About These 10 Stocks Amid Trump’s Trade Wars

2. United Airlines Holdings Inc (NASDAQ:UAL)

Number of Hedge Fund Investors: 54

Jim Cramer during a program on CNBC last month said he’s a “buyer” of United Airlines Holdings Inc (NASDAQ:UAL).

“I am a buyer of United Airlines. I know it’s down 15%, but it became, again, a momentum stock. I think you’re right, I think it’s cheap. The travel thesis is strong. If I had to pick up some United Airlines, I’d buy some here, then wait till around 70 and buy the rest. That’s what I’ve been doing for the travel trust when I see stocks just like this.”

Patient Capital Management stated the following regarding United Airlines Holdings, Inc. (NASDAQ:UAL) in its Q4 2024 investor letter:

“United Airlines Holdings, Inc. (NASDAQ:UAL) had a strong fourth quarter, gaining 70.2% in the period. The company benefitted from continued strong demand that surprised the market as well as the initiation of a buyback program, the first since COVID. There continues to be strong travel demand from both retail and business travelers. According to the International Air Transport Association (IATA), global air passenger travel is still below the pre-COVID implied trend path despite reaching a new all-time high this year. United’s focus on the customer over the last few years has led to strong improvement in net promoter scores (NPS) which should continue to flow through the model via better TRASM (total revenue per available seat mile) and higher cash flows and earnings. As of today, United alone accounts for ~30% of the overall industry’s profits. We expect this market share to grow and be defensible as we transition to an environment where customer service becomes the differentiating factor, and scale provides unparalleled ability to reinvest in the customer experience.”