Carnival Corp. (NYSE: CCL) has long been a favorite for those seeking both adventure on the high seas and investment opportunities. By offering a wide selection of voyages across the world, Carnival generates revenue through ticket sales, onboard amenities, shore excursions, and more. This business model allows Carnival to sail through various economic climates.

A deeper look into Carnival's financial waters can help investors determine if the recent share price surge and dip indicate a smart time to invest in the company's future.

Carnival's recent net income of $1.07 billion for the third quarter of 2023 stands as a clear indicator of resilience.

Continue reading

Source Fool.com