This Analyst Sees Carnival, Norwegian Cruise Line, and Royal Caribbean as Good Bets
The cruise ship industry has been tempest-tost as the COVID-19 pandemic shipwrecked the stocks of Carnival (NYSE: CCL), Norwegian Cruise Line (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) over the last three months with losses of 60% or more.
Yet Credit Suisse analyst Benjamin Chaiken thinks now is the right time to embark on an adventure with these companies. The near term will see their financial performance buffeted some more, but it should be smooth sailing beyond.
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Source Fool.com
