Tag: Royal Caribbean
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Top Ways to Trade Summer Travels
It looks like smoother sailing for cruise stocks. After being capsized by the pandemic, many are showing big signs of life again. Carnival (CCL), for example, is up 13% on the day on heavy volume after Bank of America said demand is trending higher, and in some cases, surpassing pre-pandemic levels. Bank of America upgraded…
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Smoother Sailings Ahead for Cruise Stocks?
Keep an eye on cruise line stocks. Earlier this week, UBS upgraded Norwegian Cruise Line Holdings (NCLH) to a buy rating thanks to significant improvements in bookings. Better, Norwegian just told investors that its occupancy rates would jump to about 82% in Q3 2022 from 65% in Q2 2022. With that, UBS analysts said the…
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Why Cruise Stocks Could Sink Even More
Cruise stocks are getting sunk. All thanks to the spread of the coronavirus all around the world. In the U.S. for example, according to CNBC, “Cases have rebounded in the U.S. this month with the delta variant spreading among the unvaccinated. The U.S. is averaging nearly 30,000 new cases a day in the last 7-days…
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Royal Caribbean May be a “Solid Buying Opportunity”
Investors may want to use weakness to buy Royal Caribbean (RCL). According to Stifel analysts, the pullback creates a “solid buying opportunity,” given the company’s health liquidity, resilient customers, and operational expertise, as highlighted by Barron’s. RCL also pulled back on Carnival’s news it wanted the option to sell $500 million of its shares to…
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Top “Blood in the Streets” Opportunities to Consider
Over the last few months, the pandemic crippled the economy, destroying top stocks. However, with a potential vaccine, those stocks may now be great “blood in the streets” opportunities. All on news Pfizer just said its COVID-19 vaccine is 90% effective. “Amazing news from Pfizer with 90% efficacy. This hopefully is the beginning of the…