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Top Hotel Stocks to Buy for your Growth PortfolioStocks give back gainsRising oil, mixed stocksDiscouraged 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. 2 analysts 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 2023-11-28, Royal Caribbean Cruises (RCL-N) stock closed at a price of $105.69.
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.