1 Reason to Buy Carnival Stock Like There's No Tomorrow, and 1 Reason to Avoid It Like the Plague
's (NYSE: CCL) business was doing well prior to the onset of the pandemic. The public health crisis dealt a blow to the industry, but things are starting to pick up in a big way.
Investors are taking notice. Shares are up 85% just in the past 12 months. However, they remain 76% below their peak price.
As we take a closer look at this cruise line stock, there's one clear reason investors should buy it like there's no tomorrow. However, there is also one must-know factor that will cause you to avoid Carnival shares like the plague.
Source Fool.com
Carnival plc Stock
€14.62
-5.980%
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 14.62 € for Carnival plc, so the potential is actually -4.21%.
