Related posts
Wall Street makes new highs after Powell commentsStocks rally despite hot inflationTech leads sell-off to start 2024This summary was created by AI, based on 4 opinions in the last 12 months.
Royal Caribbean Cruises (RCL-N) is rated as the No. 1 best among cruise line stocks due to its healthy balance sheet and strong demand post-pandemic. It has seen a significant increase in stock value, up over 160% and continues to enjoy huge demand from Americans. While there is some concern about potential pullback after Q3, experts are generally positive about its performance and potential for growth into 2024.
It is close to where it was at the beginning of the pandemic but has issued substantial shares since then. Continue to hold but you could lighten up when the holiday season is over. People are spending more on basics like clothes and shoes this Christmas season and other spending is down.
Cruise lines have all done well because travel is booming. He'd pick this one, but they'll all do well. Q3 is generally their best quarter. Run up a lot already, so may see a pullback after Q3. Pent-up demand might even last into 2024.
Discouraged by Carnival's results today. A strong pass.
Shut down during Covid, but the cruise stocks are bouncing back. Life is too short thesis: people can't wait to experience things.
Royal Caribbean is a little better than Carnival, but all these stocks will benefit from the coming travel boom and economic reopening. Keeping ships at port is a big expense over all these months. There's 20-25% recovery left in the cruiselines. He bought at the bottom and has sold some. There's still upside here, but it's a higher risk stock. Sure, some travelers will never cruise again, but once vaccines are in place enough will come back. Cruiselines have recovered from past health scares.
Royal Caribbean Cruises is a American stock, trading under the symbol RCL-N on the New York Stock Exchange (RCL). It is usually referred to as NYSE:RCL or RCL-N
In the last year, 4 stock analysts published opinions about RCL-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Royal Caribbean Cruises.
Royal Caribbean Cruises was recommended as a Top Pick by on . Read the latest stock experts ratings for Royal Caribbean Cruises.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Royal Caribbean Cruises In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Royal Caribbean Cruises (RCL-N) stock closed at a price of $139.01.
Best among the cruise line stocks given its healthy balance sheet, better than Carnival. Tailwind comes from demand post-pandemic. The #3 S&P stock of 2023, up over 160%. There remains huge demand from Americans. Also, Wall Street no longer expects a hard landing to the economy, which a soft one which benefits the cruise lines.