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2 Big Reasons to Buy Carnival Stock in September


With peak summer travel season for cruise line operators fading into our wake, this might seem like an odd moment to consider Carnival (NYSE: CCL) as an investment. There are also some tropical disturbances swirling in the Caribbean that could potentially wreak itinerary havoc -- or even cause outright sailing cancellations -- in September.

Yet I still think this would be a great time to warm up to cruise line stocks in general and Carnival in particular. It operates the world's largest fleet of cruise ships, and that niche of the travel industry is booming right now. Carnival stock may have already risen nearly 20% from its springtime low, but that doesn't mean that you've missed the -- umm -- boat. Let's dive into a couple of reasons why you may want to consider buying Carnival stock this month.

Carnival operates on a different fiscal calendar than its peers. Its year wraps up at the end of November, so its fiscal third quarter concluded last week. It historically reports on that period in the final week of September. It's also regularly Carnival's strongest report of the year, covering the cruise-happy months of June, July, and August.

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Source Fool.com

Carnival plc Aktie

13,20 €
0,46 %
Ein geringfügiger Gewinn für Carnival plc heute, um 0,46 %.
Die Community ist bei Carnival plc noch unentschieden: Nur wenige Einschätzungen.
Die Community prognostiziert für Carnival plc ein Kursziel von 14 €, was einen leichten Anstieg gegenüber 13.2 € darstellt.
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