After facing an existential threat during the pandemic, which forced much of the travel industry to halt operations and raise significant capital to stay afloat, Carnival Cruise Lines (NYSE: CCL) is seeing new signs of life. And investors are starting to take notice of this once-struggling enterprise.

This top cruise line stock has crushed the broad market in 2023, rising 104% (as of Dec. 5). In November alone, shareholders were rewarded with a 31% gain.

Optimism surrounding the company is certainly increasing, so is Carnival a buy, sell, or hold right now?

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Source Fool.com