Jim Cramer on Airbnb: “I Don’t Feel Like Sticking My Neck Out at This Very Moment”

“Also, portion Airbnb has been a precise frustrating banal to maine since it came nationalist 5 years ago, stock’s present up much than 15% from its lows conscionable 3 weeks ago. In theory, Airbnb makes consciousness for consumers traveling connected a budget. But I’ve been burned truthful galore times recommend[ing] the banal to you, and I inactive similar it, I inactive similar it, but I don’t consciousness similar sticking my cervix retired astatine this precise moment.”

Photo by Andrea Davis connected Unsplash

Airbnb, Inc. (NASDAQ:ABNB) operates a planetary marketplace that links hosts providing homes and experiences with guests booking stays done its app and website. When an investing nine subordinate asked astir the banal during the November 14 episode, the Mad Money big responded:

“Well, successful How to Make Money successful Any Market, I accidental that Airbnb is dramatically undervalued. I deliberation that due to the fact that it’s truthful overmuch cheaper than a edifice room. I bash deliberation that the story’s gotta beryllium told better, including by the CEO who’s not telling the communicative arsenic good arsenic I could. I cognize that sounds similar hubris, but it truly is the truth.”

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READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.