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Where Will Carnival Stock Be in 3 Years?


Since investing is forward-thinking, it's important to consider where a stock is going to be in the future before putting down any money. Even if a company is reporting sales growth right now, can you be reasonably confident it can continue for the foreseeable future?

Carnival Corporation (NYSE: CCL) is the leading global cruise company, and it's had an interesting few years, to say the least. After plummeting during the pandemic, the stock gained 130% in 2023. Let's see where it could go over the next three years.

Carnival is literally back in business after closing down cruises during the height of COVID-19, and business is booming. Revenue is hitting all-time highs, and demand is still robust.

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Source Fool.com

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