3 Reasons Royal Caribbean Stock Can Double Again in 2024 [Yahoo! Finance]
Carnival Corporation (CCL)
Last carnival corporation earnings: 4/3 12:51 pm
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Source: Yahoo! Finance
It's the only one delivering a positive gain, as rivals Carnival Corp. and Norwegian Cruise Line are currently trading lower than they were at the start of the year. Royal Caribbean also led the way last year, soaring 162% in a year that found all three stocks coasting well ahead of Wall Street averages. Can Royal Caribbean double again in 2024? It may seem like a tall order for a stock that is only a fifth of the way to repeating the feat at the halfway point of the year, but the ocean waters could be more inviting than the market thinks at this point. Let's go over three reasons why the cruise line operator's stock can double again this year. 1. The cruise line industry is sailing along nicely There are plenty of reasons why Royal Caribbean continues to be the class act among the three leading operators of ocean liners. It has historically commanded higher margins and stronger revenue growth than its rivals. This was true before the pandemic, and it continues to be the case af
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News
- Where Will Carnival Stock Be in 1 Year? [Yahoo! Finance]Yahoo! Finance
- Alaska's capital, with a population of 32,000, could ban cruise ships on Saturdays as tourists can spike to 18,000 a day [Fortune]Fortune
- Why Carnival Corporation Rallied 24.1% in June [Yahoo! Finance]Yahoo! Finance
- An Alaska tourist spot will vote whether to ban cruise ships on Saturdays to give locals a break [Yahoo! Finance Canada]Yahoo! Finance Canada
- An Alaska tourist spot will vote whether to ban cruise ships on Saturdays to give locals a break [Financial Post (Toronto, Ontario, Canada)]Financial Post
CCL
Earnings
- 6/25/24 - Beat
CCL
Sec Filings
- 5/29/24 - Form SD
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- CCL's page on the SEC website