3 Reasons to Be Bullish on Lindblad Expeditions Stock
Expedition travel company Lindblad Expeditions (NASDAQ: LIND) has benefited from a recent wave of adventure tourism, now offering additional land-based adventures to complement its ever-evolving ocean voyages.
Despite marked company advancements and reduced pandemic limitations, Lindblad stock trades more than 51% below its March 2021 all-time high. Here's why I'm bullish on this cruise line stock.
In an impressive 111% gain over last year, Lindblad drove record first-quarter revenue of $143 million. During the company's Q1 earnings call in early May, CFO Craig Felenstein attributed the surge in revenue to the company's "expanded fleet and additional land-focused offerings."
Source Fool.com