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Cruise lines are having a moment as a popular — and cheaper — alternative to hotels
CNBC· 2024-10-26 12:34
In this article HLT CCL RCL NCLH Royal Caribbean's "Icon of the Seas," billed as the world's largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024. Marco Bello | Afp | Getty Images The demand for cruises is still going strong — and it doesn't appear to be letting up anytime soon. The industry was the last to recover from the Covid pandemic, but once it did, it has been enjoying strong pricing and booking momentum. While pricing growth is starting to norm ...
2 Breakout Stocks Hitting 52-Week Highs to Buy Now
The Motley Fool· 2024-10-26 08:40
These stocks are sending investors bullish signals.Some investors may feel hesitant to buy stocks hitting new highs. Doing so runs against the conventional stock-buying wisdom that one should buy low and sell high. And yet there are stocks out there that are breaking out of recent trading ranges, suggesting reason for bullishness. This is even more true for companies that also enjoy strong demand and have catalysts for more growth.Here are two stocks that recently hit 52-week highs but still have room to ru ...
Carnival (CCL) Flat As Market Sinks: What You Should Know
ZACKS· 2024-10-25 22:55
Carnival (CCL) closed at $20.91 in the latest trading session, marking no change from the prior day. This move was narrower than the S&P 500's daily loss of 0.03%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.56%.Coming into today, shares of the cruise operator had gained 11.94% in the past month. In that same time, the Consumer Discretionary sector gained 0.88%, while the S&P 500 gained 1.39%.The investment community will be closely monitoring the ...
Carnival Stock Rises 16% in a Month: Wait for a Dip or Buy Now?
ZACKS· 2024-10-24 16:01
Carnival Corporation & plc (CCL) continues to outshine, with its stock rising 16.4% in the past month, outpacing the industry’s 8.3% rise. CCL has also handily beaten the S&P 500’s modest 2.1% gain and the sector’s 2.4% increase, underscoring the stock’s strong momentum amid broader market outperformance.As of Wednesday, the stock closed at $21, below its 52-week high of $21.80 but well above its 52-week low of $10.95. In the past month, CCL has outperformed other industry players like Royal Caribbean Cruis ...
This Growth Stock Is Up 50% in 6 Months and Can Still Go Higher
The Motley Fool· 2024-10-24 09:25
It may not be smooth sailing for Carnival stock just yet, but the path forward looks promising.Many growth stocks have been picking up steam in recent weeks after the Federal Reserve cut rates by 50 basis points in September. The hope and expectation is that more rate cuts could be coming in the months ahead.This can be positive news for growth investors. Not only can it be more affordable to raise cash, but debt-heavy businesses may have the opportunity to refinance their debt at lower rates, bringing down ...
Cultural carnival to open in Chinese Yangtze River tourism hub Wanzhou
GlobeNewswire News Room· 2024-10-17 09:37
CHONGQING, China, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The 15th China Three Gorges International Tourism Festival will open on October 20 in Wanzhou District, west China's Chongqing Municipality, according to a press conference held by the Government of Wanzhou District on Wednesday. The two-day event will comprehensively showcase the magnificent scenery and profound cultural heritage of the Three Gorges of the Yangtze River, China's longest river. The cultural and tourism carnival will feature sports events, ...
Carnival Corporation: One Of The Last Covid Recovery Plays
Seeking Alpha· 2024-10-14 22:01
Personally, it almost feels like a lifetime ago when COVID lockdowns heavily disrupted everyday life across the world. Few sectors were as severely impacted as the travel and leisure industry. Carnival Corporation & plc (NYSE: CCL )(NYSE:Analyst’s Disclosure: I/we have a beneficial long position in the shares of CCL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...
Carnival Stock Outruns Industry in Past Six Months: Should You Buy?
ZACKS· 2024-10-14 15:15
Shares of Carnival Corporation & plc (CCL) have gained 45.3% in the past six months, outperforming the industry’s 21.9% growth. This rally has been driven by strong demand, effective pricing strategies and targeted marketing efforts. With record bookings for 2024 and 2025, Carnival is positioned for continued growth, but is now the right time for investors to jump in?Major Growth Drivers for CCL StockStrong Demand and Pricing PowerCarnival has seen a historic rise in both occupancy and pricing for 2025. All ...
Carnival (CCL) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-10-14 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
3 Stocks That Could Double Over the Next 2 Years
The Motley Fool· 2024-10-12 12:07
Wall Street is undervaluing these companies' future growth.Sometimes Wall Street is slow to award companies the valuation they deserve based on positive trends happening in the business. Investors who buy reasonably valued stocks ahead of sharp increases in their earnings can see substantial gains on their investment.To aid your search, a group of Motley Fool contributors recently selected three stocks they believe can double in value, or get close to it, within two years. Here's why they like Carnival (CCL ...