The coronavirus pandemic put a dent in the travel and leisure industry, but one segment of the industry has benefited from the health crisis, according to CNBC’s Jim Cramer.
The “Mad Money” host on Tuesday highlighted an “incredible, stealth bull market” in the recreational vehicle and camping stocks, advising that investors take advantage on a dip in the future.
“I think the pandemic has given the industry a huge long-term boost, but the stocks might pull back as Wall Street realizes that the recession could be longer than they expected and even deeper,” Cramer said. “If you like the RV plays, that’s when you buy them.”
After taking a plunge with the broader market at the beginning of the coronavirus outbreak in the U.S.,