Jim Cramer - Mad MoneyNorwegian Cruise Line HoldingsNCLHBUYOct 19, 2022

They report Monday. Activists Elliot Management want this company to perform like its peers, Royal Caribbean and Viking. Elliot has a great track record. He suggests that NCLH sell to Disney which needs more cruise ships, and buying ships takes less than waiting 5 years for a new ship.

It reports Tuesday. There was enormous guidance hype from Royal Caribbean, which he doesn't expect NCLH to emulate, but this could be worth a trade on Monday.

Cruise lines have all done well because travel is booming. He'd pick RCL, but thinks they'll all do well. Q3 is generally the industry's best quarter. Run up a lot already, so may see a pullback after Q3. Pent-up demand might even last into 2024.

Shut down during Covid, but the cruise stocks are bouncing back. Life is too short thesis: people can't wait to experience things.

Rising oil prices are a concern, but what really worries him is the lawsuit that Norwegian Cruise Line filed (against Florida to cease FLA's ban on vaccine passports). With the Delta variant coming, he'd buy NCLH over other cruise lines, like Carnival.

Question about Carnival Cruiselines He prefers Norwegian due to a better balance sheet, raising cash and a good CEO.