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Opinions Darren Sissons
Norwegian Cruise Line HoldingsNCLHCOMMENTFeb 13, 2013
Darren SissonsUnknown
$28.92
Stock price when the opinion was issued
$19.83
As of Jun 17, 2026. Market Open.
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The cruise lines had a great run last year, but stalled this year. However, recently they are bouncing back. Late-July, NCLH returned to service and last weekend they had their first U.S. cruise, post-Covid, from Seattle to Alaska. By the end of this quarter, NCLH expects to operate at 40% capacity, 75% by end year's end, and 100% by April 2022. They reported last week that they are still losing money, but bookings are strong, especially for 2022. Last weekend, they won a key court case in Florida to refuse service to unvaccinated customers and crew.
BUY
Rising oil prices are a concern, but what really worries him is the lawsuit that Norwegian Cruise Line filed (against Florida to cease FLA's ban on vaccine passports). With the Delta variant coming, he'd buy NCLH over other cruise lines, like Carnival.
BUY
Question about Carnival Cruiselines He prefers Norwegian due to a better balance sheet, raising cash and a good CEO.
Think of the cruise industry as a cyclical. When the economy is doing well, you can invest in the bottom of the cycle and ride the trade. Entry price is very critical here.