Why My Family Bought Shares of Royal Caribbean Now

Royal Caribbean (NYSE: RCL) has really ugly numbers right now, because of the coronavirus. In its most recent quarter, revenue growth went backwards 94% year over year. And we know why the numbers are bad -- cruise ship bookings have been decimated around the world because of government lockdowns.

My investment thesis is that this is about to change. Here's why I think the cruise lines will reopen for business sooner rather than later, and why investors might want to buy shares of Royal Caribbean now.

Image source: Getty Images.

Continue reading

Source Fool.com