Forget Norwegian Cruise Line: Carnival Cruises Is a Better Cruise Line Stock
You can't hop on a cruise these days, but folks are certainly hopping on cruise stocks. Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) have nearly quadrupled -- soaring 282% as of Monday's close -- since bottoming out in mid-March. Industry leader Carnival (NYSE: CCL) (NYSE: CUK) hasn't fared as well, up 219% since its early April low. Then again, there's no shame in owning a stock that has more than tripled in a little more than two months.
These are challenging times for the cruise line industry. As great as the speculative climate has been these past couple of months, Norwegian Cruise Line and Carnival could double from here and still not be where they were back in January. They are volatile investments, but there are some pretty good reasons to go with Carnival over Norwegian Cruise Line at this point.
Image source: Norwegian Cruise Line Holdings.
Source Fool.com
