Jim Cramer Calls $ABNB a 'Steal' Following Recent Selloff Driven by AI Fears

CNBC’s Mad Money host Jim Cramer has labeled $ABNB a "steal" following a recent selloff, arguing that investor concerns regarding Meta Platforms' Muse AI agent are overblown.
Cramer noted that while AI agents can easily compare prices and book standard hotels, browsing rental homes and booking directly from owners remains significantly more difficult, providing $ABNB a layer of defense against AI disruption.
According to Seeking Alpha data, $ABNB shares have declined 17% over the past month, though the stock maintains a 15% gain year-to-date.
The stock currently trades at 29.62 times projected adjusted earnings, which sits roughly 16% below its five-year historical average of 35.13.