SeregaSibTravelCarnival Isn't Immune To Travel Industry Headwinds Carnival Corporation (NYSE:CCL) investors were likely stunned as the stock fell into a bear market after failing to clear the resistance level under the $20 zone in July 2024. However, dip buyers returned in August, helping the stock bottom out just above the $14 zone, underpinning CCL's April 2024 lows. As a result, investors are likely assessing whether its recent recovery represents a significant turnaround after its August plunge as t ...

The cruise industry has been through a rollercoaster of changes in recent years, with the COVID-19 pandemic drastically altering the landscape. Once a booming sector, cruise lines faced unprecedented challenges as global travel ground to a halt, leading to massive financial losses, layoffs and operational overhauls.As the world gradually emerged from the pandemic, some companies managed to recover impressively, capitalizing on pent-up demand and evolving consumer preferences. Yet, not all have been as fortu ...

Game-Changing MedallionNet Max WiFi Debuts August 31 Exclusively with Princess Plus and Princess Premier BundlesPrincess to Host First-Ever Land/Sea Custom UGC Competition to Demonstrate Connectivity ExcellenceFT. LAUDERDALE, Fla. , Aug. 7, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise brand, today announced the launch of MedallionNet Max, a new level of onboard Wi-Fi service that will meet the growing demands of today's intensively digitally-connected travelers and continue to expan ...

Market indicators became more pessimistic.Carnival Corp. (CCL 0.97%) stock dropped 11% in July, according to data provided by S&P Global Market Intelligence. It was negatively affected by overall macroeconomic events and investor sentiment, but there wasn't any news specific to the cruise industry leader.Demonstrating why it's a leaderCarnival was a reliable market-beating stock before the pandemic, with steady increases in revenue and profits over many years. It also paid a growing dividend.That all change ...

The best cruise stocks are navigating a sea of opportunity as the sector continues its emphatic recovery from pandemic lows.Cruise liners, especially the market forerunners, have done an exceptional job of returning from the pandemic nightmare. Over the past few years, we’ve seen a marked increase in bookings and consumer demand for travel and leisure. Consequently, this uptick in demand has been driven by aggressive expansion strategies and the launch of new ships while diversifying routes to capture a muc ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

The pullbacks in some of the top cruise stocks are all buying opportunities.Look at Royal Caribbean (NYSE:RCL), for example.Even with strong booking demand and earnings growth, the stock dropped from about $173 to a recent low of about $152, where it’s now oversold and pivoting higher. Not only did it just catch support at its 50-day moving average, but it’s also excessively oversold on RSI and Williams’ %R. While expecting RCL to resume its uptrend, I’d buy the temporary weakness.From its last traded price ...

Rotterdam headlines eight departure ports from which guests can visit more than 175 UNESCO World Heritage Sites and 35 countriesSEATTLE, July 31, 2024 /PRNewswire/ -- Holland America Line opened its 2026 Europe season for booking with four ships taking guests on Mediterranean, Northern Europe, Canary Island and transatlantic cruises ranging from seven to 42 days. The carefully crafted itineraries grant travelers a wide array of options and new ports to choose from when booking their European holiday.Explori ...

Itineraries take guests to prime locations to experience natural phenomena including the Northern Lights, total solar eclipse and summer solstice SEATTLE, July 29, 2024 /PRNewswire/ -- Holland America Line is announcing a new slate of cruises that will take guests to prime locations throughout Europe to witness extraordinary celestial events. Those seeking to cross off bucket-list items like viewing the Northern Lights, a total solar eclipse or a summer solstice above the Arctic Circle will be able to book ...

Carnival's business has been doing well, so why is the stock still struggling?Carnival (CCL 0.99%) has been generating strong results in recent quarters, but its stock is still nowhere near its levels before the pandemic, when shares were trading above $50. Investors still appear to be hesitant to load up on the stock. After all, if a recession is looming and interest rates don't come down, it could be a tough combination for a travel stock with a high debt load.But are those fears exaggerated? Can the stoc ...