Kayak (KYAK +4.8%) is rallying ahead of today's Q2 report, aided by positive comments from JPMorgan. The firm thinks Kayak will post healthy results in spite of the poor performances delivered by other online travel names, given the travel search engine has little European exposure and doesn't face the "over-monetization issues" seen by peers. Also, Jim Cramer talked favorably about Kayak this morning when asked about the company.
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