Skift Take
Cramer thinks Orbitz is a distance third to Priceline and Expedia as an investment. That’s quite a distance.
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Are travel sites about to take off? For insights Jim Cramer consulted the charts. “I’ve been a fan of this group for some time now,” said Cramer.
However, the Mad Money host’s enthusiasm stems from improved fundamentals. In a recovering economy Cramer thinks people will travel more for both business and vacation. And he likes online travel because he believes the low-price alternatives they provide will steal market away from conventional travel agents.