5 Questions to Ask Before Investing in Cruise Line Stocks
It's awfully tempting to buy into the battered cruise line industry these days. Shares of Carnival (NYSE: CCL) (NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) have been crushed, and even after big bounces on Monday, the shares find themselves 78% to 83% off their 52-week highs.
The stocks could quadruple and still not be back to where they were at their peaks, but what if you can buy low and double your money in a couple of years? That wouldn't seem too shabby, but let's make sure you consider all the factors weighing down the industry. Let's go over five questions any bullish thesis on buying Carnival, Royal Caribbean, or Norwegian Cruise Line needs to answer.
Image source: Royal Caribbean.
Source Fool.com