Royal Caribbean Stock Is Up 112% This Year, but Can the Momentum Continue?
When the pandemic eased, it seemed everyone wanted to travel. Hotel and airplane prices started to soar as consumers -- especially Americans with pent-up stimulus savings -- were free to spend their money. Investors noticed and started buying shares of these stocks on a reopening theme.
This theme has continued into 2023, and one of the biggest beneficiaries has been Royal Caribbean Cruises (NYSE: RCL). The leading cruise company is up 112% so far in 2023 as its revenue, bookings, and profits continue to grow.
A booming share price has made Royal Caribbean one of the top-performing stocks in the S 500. But does that mean you should hop on the reopening train and buy shares?
Source Fool.com
travel BV ADR Stock
€0.56
-6.670%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the travel BV ADR stock is not clear.
With a target price of 3 € there is potential for a 439.57% increase which would mean more than doubling the current price of 0.56 € for travel BV ADR.
