Better Cruise Line Stock: Carnival vs. Royal Caribbean Cruises
The cruise industry has become one of the great post-pandemic comeback stories. The COVID-19 contagion forced this industry to shut down for over a year, leaving it without a significant revenue source during that time and causing an extended period of lower revenue as it relaunched.
Today, bookings are at an all-time high for the top two cruise line companies, Carnival (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL). However, that factor may leave investors wondering which cruise line stock has the potential for higher returns.
Carnival is the largest cruise line. According to Cruise Market Watch, it claims around 43% of all passenger bookings in the industry. Along with the Carnival brand, it also owns lines such as Princess, Holland America, and Cunard.
Source Fool.com
Carnival plc Stock
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
With a target price of 13 € there is a slightly positive potential of 3.42% for Carnival plc compared to the current price of 12.57 €.
