Why I Finally Gave Up and Sold My Carnival Stock
I bought shares of (NYSE: CCL) shortly after my wife and I took our first cruise in 2017. We really enjoyed the trip and planned to take another cruise in the future. Given its vast appeal to baby boomers like my parents (who went with us on that maiden voyage) and younger travelers like us, I saw the investment potential in the cruise industry.
Unfortunately, the pandemic upended the industry, causing my Carnival shares to tumble. I had hoped the stock would eventually recover. That hasn't happened, and I don't believe shares will fully recover anytime soon. That's why I've finally thrown in the towel and sold my Carnival stock.
I like cruising. My wife and I recently returned from our second cruise and plan to go again. And we're not alone.
Source Fool.com
Carnival plc Stock
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 5.48% for Carnival plc compared to the current price of 12.33 €.
