Jim Cramer Says Viking Holdings Pullback Is A Buy

According to CNBC, Jim Cramer said Monday that Viking Holdings shares have pulled back enough to create an attractive entry point for investors, calling the recent weakness a buying opportunity. He said the stock has fallen nearly 20% from its Aug. 5 all-time high of $108 and argued that investors are focusing too much on temporary disruptions tied to low water levels on the Danube and Rhine rivers, higher oil prices and geopolitical uncertainty. Cramer said Viking's underlying business remains strong, citing strong bookings and a premium customer base, and noted that the company topped Wall Street's earnings and revenue expectations in its second-quarter report on Aug. 19. As of Aug. 9, Viking had sold 96% of its core capacity for 2026 and 53% for 2027, with $4.71 billion in advance bookings for 2027, 21% more than it had for 2026 at the same point last year.