Why Are Investors So Excited About Carnival Stock?
(NYSE: CCL) stock has enthralled investors ever since it tanked when operations essentially shut down at the beginning of the pandemic.
It managed to stay solvent through some financial maneuvering, and the future looks good. Carnival stock is now up more than 90% in 2023. Let's see why it's still an exciting stock, and whether it makes sense to invest in it.
Carnival was a fairly boring and definitely lackluster stock prior to the pandemic, losing about 24% in the five years leading up to it. It gained prominence as a meme stock when retail investors began to have outsize influence and it became unclear whether Carnival could stick it out. Since then, it's had a wild ride.
Source Fool.com
Carnival plc Stock
€12.57
-0.320%
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 3.42% for Carnival plc compared to the current price of 12.57 €.
