Better Recovery Story Buy: Carnival vs. Disney
Last year was a tough one for companies as inflation soared and the general market fell into the doldrums. Companies faced higher costs -- and consumers had less money to spend on products and services. All of this also left many investors feeling glum and thinking twice before buying stocks. These periods are rough for everyone, but the good news is they always lead to better times -- and they generally offer us buying opportunities.
Right now, a great place to find these opportunities is in companies on the road to recovery. Two of my favorites are (NYSE: CCL) (NYSE: CUK) and Disney (NYSE: DIS). The general economy and other factors have weighed on these entertainment giants, but better days may be ahead. Which one makes the better recovery story buy right now? Let's find out.
Carnival's had an even bigger problem than rising inflation in recent years. The world's largest cruise operator had to halt sailings during the earlier days of the pandemic, and that sent debt soaring and earnings tumbling.
Source Fool.com
Carnival plc Stock
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 13.36 € for Carnival plc, so the potential is actually -2.69%.
