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Why Carnival Corp Stock, Up 159% in 21 Months, Is Still a Buy

TheMotleyFool 
0 0 12.07.24
Why Carnival Corp Stock, Up 159% in 21 Months, Is Still a Buy: https://g.foolcdn.com/editorial/images/783190/jubileehighres27.jpg
 

Cruise line Carnival Corp (NYSE: CCL) continues to produce record-setting operational results in 2024. Corporate-earnings reports for 2024 have shown tremendous strength, highlighting consumers' embrace of the Carnival brand. Its favorable and welcomed performance proves that the company has fully recovered from the perils of the COVID-19 pandemic. Carnival is clearly thriving in the new normal.

Carnival recently released an earnings report for the second quarter of their 2024 fiscal year. In the report, Carnival reported a bevy of impressive results:

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Source Fool.com

Carnival plc Stock

€15.53
3.150%
A very strong showing by Carnival plc today, with an increase of €0.48 (3.150%) compared to yesterday's price.
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 15.53 € for Carnival plc, so the potential is actually -9.85%.
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