Better Buy: Disney vs. Carnival Cruises
Investing in Carnival Corporation (NYSE: CCL) (NYSE: CUK) and The Walt Disney Company (NYSE: DIS) this year has been a lot like the real-world version of the Pirates of Caribbean theme park attraction: a rough sail with a lot of ups and downs. All sailings have been canceled since mid-March, and neither company is hopeful of getting back to business until August -- even with a limited fleet.
Disney obviously has more to worry about than its four cruise ships these days. All but one of its theme parks worldwide remain closed. Multiplex operators are also closed, drying up what is historically the first release window for its industry-leading movie studio business. The production of new TV shows and movies is also on ice, and most Disney Store locations remain shuttered. Both stocks have taken on water in 2020, making back some of the losses in recent weeks after hitting multi-year lows in March. The businesses are ultimately very different, so let's take a deep dive to see which stock is the better buy.
Image source: Walt Disney.
Source Fool.com
