Should You Wait Until After the Election to Buy Carnival?
You may rock the boat when you rock your vote on Nov. 3. We're now two weeks away from the next presidential election, and the cruise line industry will be watching. Carnival (NYSE: CCL)(NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) are still waiting to get back to business.
Will market leader Carnival fare better on the open waters with President Trump scoring another four years in the White House than if former Vice President Joe Biden returns to Oval Office? The answer might seem obvious on the surface, but take a deeper dive and you'll discover that things are more nuanced than you might think. Carnival may actually fare better under Biden than Trump, but to get there we need to go on this sea journey together.
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Source Fool.com
