Near Its All-Time Low, Is Norwegian Cruise Line Stock a Buy?

Without revenue from normal operations since March, Norwegian Cruise Line Holdings (NYSE: NCLH) has seen its shares plummet as the COVID-19 pandemic turned the travel industry on its head. The stock has rebounded from an all-time low, but it continues to languish as uncertainty dominates the future.

Reaction to unexpected setbacks often separate the winners from the losers in life. Norwegian Cruise Line faces huge challenges, but with smart management at the helm, it is positioned to overcome them. With ample liquidity and demand already returning, this stock looks poised to bounce back faster than most rival cruise lines.

Norwegian Cruise Line released first-quarter 2020 earnings on May 14, and it was an unusual conference call. There was virtually no focus on yield growth or net cruise costs, irrelevant in the current no-sail environment. The focus was very much on liquidity measures taken to get the company through the COVID-19 crisis.

Source Fool.com