Like many beaten-down companies, Royal Caribbean (NYSE: RCL) has been off to a strong start in 2023, jumping almost 30% year to date. That said, the company is still down about 22% over the last 12 months.

Should investors buy the dip or wait until more information becomes available? Let's dig deeper into the pros and cons of this stock. 

While the cruise industry was among the hardest-hit tourism sectors during the coronavirus pandemic, it has been somewhat slow to recover. That might soon change in 2023.

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Source Fool.com