Is It Too Late to Buy Carnival Stock?
(NYSE: CCL)(NYSE: CUK) stock has been intensely followed since it tanked at the beginning of the pandemic when operations shut down. It became a meme stock, but it has valiantly recovered and looks to be on the road to growth.
Investors who bet on Carnival's rebound are now sitting on some enviable gains as the stock is up 134% this year. Is it too late to buy into this story?
As companies go, Carnival was surely one of the most heavily impacted by the pandemic. Its business essentially came to a halt, and it borrowed enormous sums to get through the closures. Now that it's made it through, it's the recipient of incredible demand and surging sales.
Source Fool.com
Carnival plc Stock
€13.36
0.490%
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%.
