If You Invested $1,000 in Carnival Stock in 2019, This Is How Much You Would Have Today
In 2023, shares of (NYSE: CCL) crushed the overall market, as they soared 130%. But this performance didn't do enough for long-term shareholders looking to claw back losses.
If you invested $1,000 five years ago in this cruise line stock, you'd be sitting on a balance of $320 today (as of Jan. 18). This translates to a loss of 68% since January 2019. For comparison's sake, the S 500 rose 81% during this same time.
Let's look at what's happened with Carnival in the past and then consider the company's investment merits from today's perspective.
Source Fool.com
Carnival plc Stock
€13.32
0.150%
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 13.32 € for Carnival plc, so the potential is actually -2.37%.
