1 Green Flag for Carnvial Stock in 2022, and 1 Red Flag
Conditions continue to improve for the business supporting Carnival (NYSE: CCL) stock. With rising passenger counts, its ships could return to pre-pandemic capacity levels.
However, the cruise line stock faces one nagging issue that could depress stock price growth for years. Hence investors need to look at Carnival's green flags and red flags before deciding whether to buy the dip.
After a devastating shutdown, Carnival is well on the way to recovery by most measures. According to Cruise Market Watch, the company claims 42% of the passenger count and 37% of revenue generated within the industry. This means Carnival's reign as the No. 1 cruise line continues, keeping it ahead of peers such as Royal Caribbean and Norwegian Cruise Line Holdings.
Source Fool.com
