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Post-Covid travel boom could be ‘sky’s the limit’

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CNBC’s Jim Cramer said Wednesday he anticipates a ferocious travel recovery from the Covid pandemic, a development that would have significant implications for companies with exposure to the industry and for the U.S. economy overall.

“It’s going to be a boom here in this country, and I don’t think people are ready for it,” Cramer said on “Squawk on the Street.” “When I speak to the pharmaceutical companies, they think it’s going to be a boom. Transportation companies think it’s going to be a boom. .. This may be a sky’s-the-limit situation.”

The hospitality and travel industries have been among the most challenged during the coronavirus crisis, as various business restrictions and health…



Source cnbc.com

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