It's incredibly cheap, but is it worth it?Carnival (CCL -0.16%) (CUK 0.06%) stock is little changed this year despite phenomenal performance across the board. The market is sensing risk here, but is the apprehension overdone? Let's see if Carnival stock is really too risky, or if the stock is undervalued.Cruising along at high speedCarnival has had a fantastic rebound from what might be called even lower than rock bottom. It's reporting record highs on several areas of its business, and it just keeps gettin ...

These stocks are all trading at less than 12 times their estimated future earnings.The Federal Reserve started taking actions this month that are likely to lead to lower interest rates. It just announced a 50-basis-point reduction to the federal funds rate, and there could be more cuts coming before the end of the year, especially if the U.S. economy shows further signs of slowing. For investors, a rate-cutting environment could be an opportune time to buy stocks that could benefit from reduced rates. Three ...

Carnival (CCL) closed the latest trading day at $18.97, indicating a -0.16% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.15%.The the stock of cruise operator has risen by 14.39% in the past month, leading the Consumer Discretionary sector's gain of 3.2% and the S&P 500's gain of 2%.Market participants will be closely following the financial results of Carniva ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Carnival (CCL) reports results for the quarter ended August 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on September 30, 2024, might help the stock move higher if these key numbers are better than expe ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

The Federal Reserve just cut interest rates by 50 basis points. Here's who wins. After several years of keeping interest rates elevated to tame inflation, the Federal Reserve finally flipped the lever the other way on Wednesday. The central bank surprised some investors by opting for a 50-basis-point cut, lowering the federal funds rate 4.75% to 5%. The move should give a welcome boost to the economy, even though major stock market indexes gave up their initial gains by the end of that day's session. Still, ...

Shares of the leading cruise line are super cheap today.If you thought Carnival (CCL 2.30%) (CUK 2.21%) stock's rebound was finished, think again; it's barely started. Although shares are up 90% from their lows in 2020, the company is still 77% off its prepandemic highs.And those highs weren't ballooned, unreasonable highs. They reflected an industry leader with market-beating performance, tons of opportunity, and a competitive dividend.Now that Carnival is past its declines and demonstrating robust perform ...

These stocks trade at reasonable valuations ahead of key growth catalysts.The stock market has sold off over the last month, but some companies are showing improving business fundamentals that could support substantial share price gains over the next year. Here are two promising comeback stocks to buy before 2025.1. CarnivalCarnival (CCL 2.48%) is the leading cruise ship operator, and it continues to see significant improvement in profits that could support share price gains over the next year. The stock tr ...

Carnival (CCL) closed the latest trading day at $16.14, indicating a +0.69% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.45% for the day. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%.Heading into today, shares of the cruise operator had gained 9.79% over the past month, outpacing the Consumer Discretionary sector's gain of 3.49% and the S&P 500's gain of 2.54% in that time.The investment community will be paying close ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Carnival (CCL) .Carnival currently has an average brokerage recommendation (ABR) of 1.51, on a ...