3 Reasons to Buy Carnival Stock Like There's No Tomorrow
If you're hesitant to board shares of Carnival Corp. (NYSE: CCL) these days, you're not alone. The world's largest cruise line continues to trade marginally lower than it was at the start of the year despite a long list of bullish developments. Is this a pleasure cruise or a ship that's taking on water?
Since you made it past the headline, you know where I stand. I think this is a great time to consider an investment in the industry giant operating 87 cruise ships across nine different brands worldwide. The waters might seem choppy, but there could be an opportunity between the crashing waves. Let's dive in.
You might not be a fan of watery adventures on the open seas. You're a landlubber, and there's certainly a lot of the world to explore without ever having to set foot on a cruise ship. However, for a growing number of people, the promise of exotic ports of call where you can wake up in a new destination without having to pack or worry about travel arrangements is pretty alluring. The industry has also evolved over generations to offer a wide breadth of culinary and entertainment offerings to make sure passengers of all ages are having a good time.
Source Fool.com
Carnival plc Stock
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 15.53 € for Carnival plc, so the potential is actually -9.85%.
