A Bull Market Could Be Here: 3 Reasons to Buy Carnival Stock.
It's been a tough past three months for (NYSE: CCL) shareholders. The leisure cruise stock is trading down 25% from its early July high, falling on fears that economic weakness would upend the industry's budding recovery. That headwind also has been a problem for the shipping business.
Interested investors may want to take the plunge on Carnival, anyway. It looks like the economy's easing its way out of trouble and into better health. The market will follow that lead sooner or later -- and likely sooner than later.
Here's a rundown of the top three reasons to step into Carnival stock if a rekindling of the bull market is in the cards.
Source Fool.com
Carnival plc Stock
€13.38
-0.260%
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 13 € is below the current price of 13.38 € for Carnival plc, so the potential is actually -2.8%.
