Down 80%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity?
In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time.
It's been a different story since then, though. This cruise stock currently sits 80% below its peak price. That's even after shares soared 76% since the start of 2023 (as of April 18).
Does this setup on the dip make Carnival a once-in-a-generation investment opportunity? Here's what investors need to know.
Source Fool.com
Carnival plc Stock
€12.28
0.330%
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 5.91% for Carnival plc compared to the current price of 12.28 €.
