Jim Cramer Says United Airlines Holdings (UAL) Stock is Cheap -‘I’m a Buyer’

We recently published a list of Jim Cramer Was Talking About These 10 Stocks Amid Trump’s Trade Wars. In this article, we are going to take a look at where United Airlines Holdings Inc (NASDAQ:UAL) stands against other stocks that Jim Cramer was talking about amid Trump’s trade wars.

Jim Cramer in a latest program on CNBC urged investors to start accepting the reality of the new economic system under President Trump and said the new tariffs will result in higher prices and more volatility. Cramer said Trump does not “care” about stock prices or inflation and wants to punish the country’s trading partners.

“Yes, I want this over. Yes, I want clarity. I want some sense of how this can all end, but that makes me a fool like the rest of us. We keep thinking that’s the point. That’s how… that’s not how Trump sees it. Here is the point: we should simply be looking at companies that cater to small- and medium-sized businesses that can’t be hurt by tariffs. We need to accept a higher level of inflation because it’s coming. We should take our out some money and put it on the sidelines, betting that this will end someday, even if we don’t know when. But right now, we have to get with the program and the president. The program is taking down our trading partners and hurting bottom lines all over the place. He doesn’t care. He demonstrated that tonight. So you better get used to it.”

READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In

For this article we picked 10 stocks Jim Cramer was talking about over the past few weeks. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

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.”