3 Reasons Why I'm Still Bullish on Carnival Stock
As the world attempts a return to normal, pent-up demand for travel continues to snowball. Cruise line stocks are showing signs of recovery, but operators still face inflation, recession fears, and ongoing geopolitical conflicts.
As for Carnival Corporation (NYSE: CCL)(NYSE: CUK), I personally think the company's potential outweighs its challenges. Here's why.
In the fourth quarter of fiscal 2022, Carnival earned more revenue from onboard passengers than in pre-pandemic 2019. Not only that, it did so with 19% fewer passengers aboard.
Source Fool.com
