Carnival Corporation & plc (NYSE:CCL) is one of the stocks mentioned during the show, as we cover everything Jim Cramer said about the oversold market. Toward the end of the lightning round, a caller inquired about the stock, and here’s what Cramer had to say:

Carnival, yeah, I saw the, I like the upgrade. It looks like the, you know the, actually the reservations are coming through. That’s an inexpensive stock.

Photo by Stephanie Klepacki on Unsplash

Carnival Corporation & plc (NYSE:CCL) runs cruise lines and offers vacation trips. The company also manages ports, hotels, lodges, and tours that support its cruise business. Cramer called the stock a “real bargain” during the episode aired on December 19, 2025. He remarked:

The AI theme lost its luster, didn’t it? Buyers moved on to other, more exciting areas. That consumer’s resurgence out of nowhere, that’s an exciting story. For example, it’s ignited retail, anything connected to discretionary spending, and that’s what drove, say, the stock of Carnival, almost 10 points higher today on greater numbers that it released just this morning. And also by the way, they reinstated the dividend. I’ve always been partial to cruise lines because they’re so inexpensive, and Carnival Corp offers a real bargain. That’s one of the reasons why the stock is exciting to people.

While we acknowledge the potential of CCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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