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Jim Cramer picks his favorite travel, restaurant, live entertainment and fitness stocks

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Jim Cramer explains what's driving travel stocks higher

CNBC’s Jim Cramer on Tuesday offered investors a list of stocks he believes are in line with American spending habits after the Covid pandemic over the past three years.

“The biggest theme is the rise of this ‘life is too short’ mentality. People don’t want to waste time anymore,” he said.

More specifically, investors should focus on travel, dining, live entertainment and gym stocks, Cramer said.

Here are his options:

travel

delta airlines, American airlines and united airlines

  • “Just be careful and stick to those who execute well, which means staying away from Southwest Airlines – they got sick after a major disruption in service over the holidays,” he said.

Marriott International

  • While the stock has been on the rise since late September, it’s still cheap, Cramer said.

Hilton Worldwide

  • “I’ve been working at Hilton Worldwide, and I expect the company to grow revenue 23 percent this year,” he said.

Airbnb

Cramer said he expects Airbnb’s stock price to eventually reflect the company’s “excellent” business.

hertz

  • Cramer said the rental car company’s 2023 earnings forecast was too low.

American Express

  • He said he would buy the stock at current levels.

restaurant

Darden Restaurant

  • Cramer said he likes that the company has higher-end restaurants and has a portfolio that includes Olive Garden, Longhorn Steakhouse and The Capital Grille.

Starbucks

  • In the current era of hybrid work, the coffee maker’s mission is to be where people spend the most time outside of the home and office, he said.

Cisco

  • Buying stakes in food suppliers is another way for the restaurant industry, Cramer said.

live entertainment

Live Nation Entertainment

The company “grew like a weed,” he said.

Wynn Resorts and MGM Resorts

  • “I like them because they have exposure to both the U.S. and China,” Cramer said.

VICI attribute

  • Investors can also choose casino REITs with live entertainment in their portfolios, he said.

bowler

  • Cramer said he likes Bowling Center as a more low-key option for investors.

Gym

fitness planet and Index Fitness

  • “I love Planet Fitness, you know that, but you’ve got my blessing to speculate on Xponential Fitness … it’s a higher risk, higher reward situation,” he said.

Disclaimer: Cramer’s Charitable Trust owns shares of Starbucks.

Jim Cramer picks his favorite travel, restaurant, entertainment and gym stocks

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