Up Over 90% Year to Date, Why Carnival Stock Remains a Buy
Amid record bookings, larger cruise ships, and more guests aboard, Carnival Corporation (NYSE: CCL)(NYSE: CUK) stock is down 78% from its January 2018 all-time high north of $72 a share.
Sure, the stock has rallied from the lows of last October, but this is just the beginning. With robust and persistent demand for Carnival's cruises and the company's progress toward profitability, I think Carnival stock still offers plenty of upside potential for long-term investors.
Here are three reasons why I'm bullish on this cruise line stock.
Source Fool.com
Carnival plc Stock
€12.07
-0.980%
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 7.75% for Carnival plc compared to the current price of 12.07 €.
