(NYSE: CCL)(NYSE: CUK) has turned a corner, and it's so far past it, you almost can't see the twists it has left behind. It's now back to its regularly scheduled growth -- or is it? Let's examine where Carnival is headed and why now might not be the best time to buy shares.

It hasn't been easy for Carnival the past few years, and that's an understatement, considering it ceased operations for a few months. But it's been a market-beating stock for decades due to a great product, its No. 1 spot in its industry, and predictable growth.

That was enough reason to be confident it could bounce back, and although its stock has been all over the place, it's now up 100% this year as it has made close to a total recovery.

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Source Fool.com