In February, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon unloaded $150 million of his company’s stock – his first-ever sale. Shares of the bank had risen 70% since 2022, and valuations were beginning to look rich.He’s not the only one who seems worried. Last month, Morningstar analyst Sarah Hansen noted that banks no longer traded at a relative discount, calling them “not a sector-wide play,” a tongue-in-cheek way of saying “this sector stinks.”Essentially, that’s because interest rates are set to fall, which ...

It should be smooth sailing ahead for cruise stocks. So far, “Travel demand is off to a strong start, which means availability will continue to shrink in the next couple of months,” said Debbie Haas, vice president of travel for AAA. “So, if you want a specific itinerary, ship or cabin type, act fast or you’ll have to start planning for next year.”Plus, according to Reuters, travelers have been booking cruises for 2024 at “greater volumes” than even before the pandemic. About 35.7 million consumers are expe ...

The cruise line operator should be a long-term winner, but expect some near-term fluctuations.Carnival's (CCL 3.57%) business made a massive recovery last year, and its stock gained 130%. But so far in 2024, it's down 18%. So is the cruise line giant's recovery story over, or is this an opportunity to buy it on the dip?Carnival is back in businessCarnival stock was risky during the period of the pandemic when the company wasn't producing any revenue, and investors who took a chance on the stock while it was ...

Premium cruise line expands Global Fresh Fish Program with Marine Stewardship Council and Aquaculture Stewardship Council certifications for sustainable and responsible seafood SEATTLE, April 8, 2024 /PRNewswire/ -- Holland America Line is elevating its award-winning dining experience by becoming the first global cruise line to receive both Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certifications. The two organizations serve as the most credible standards worldwide for certi ...

Newest "Love Boat" to be Officially Christened in Star-Studded Ceremony in Barcelona on April 23, 2024 FT. LAUDERDALE, Fla., April 8, 2024 /PRNewswire/ -- Award-winning actress and performer Hannah Waddingham will serve the time-honored, maritime tradition as the official Godmother of Princess Cruises' newest "Love Boat" Sun Princess. The star-studded naming ceremony will take place at the Port of Barcelona on April 23, 2024.  Photo Credit: Victoria Stevens Sun Princess Waddingham joins an esteemed gro ...

Yes, it's possible to get started investing with just $20.If you're just getting started investing, you might not have a lot of cash you can put to work. Maybe you only have $20 to invest right now.The good news is that most brokerages have done away with account minimums and commissions, which means you can get started with any amount of money, even $20. Some brokerages will let you purchase fractional shares, which means you can buy a piece of any company in the stock market regardless of share price.But ...

Carnival introduced 3.5 million customers to cruising in 2023. There's a good reason for that, but is it sustainable?In 2023 Carnival (CCL 0.40%) had 3.5 million first-time cruisers aboard its fleet of ships. To put that in a better context, it attracted 51% more new-to-cruising guests in the fourth quarter of 2023 than it did in the fourth quarter of 2022. Is this a sustainable growth driver?Carnival believes it offers great valueCarnival has been benefiting from a resurgence in demand for cruises followin ...

New Customized Train Wrap Design, Special Limited Time Offer Herald New PartnershipORLANDO, Fla., April 5, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise brand, and Brightline, the intercity passenger rail seamlessly connecting travelers to top destinations and major events in Central and South Florida, have joined forces to introduce the innovative Rail & Sail program, offering guests swift and hassle-free access to Princess cruise ships departing from two popular Florida homeports – ...

Carnival Set to Welcome Second Carnival Fun Italian Ship to Long Beach on April 24MIAMI, April 5, 2024 /PRNewswire/ -- Having conquered the big screen ("Mean Girls"), the small screen ("Hallmark Channel") and Broadway ("Spamalot"), actor Jonathan Bennett is ready to take on his next big role: the godfather of Carnival Cruise Line's new 135,000 gross ton ship featuring Carnival Fun Italian Style. Carnival Cruise Line today named Jonathan Bennett as the godfather for its next ship, Carnival Firenze, which ...

It’s been smooth sailing again for some of the best cruise stocks to buy in April.Most have enjoyed considerable upside over the last few months. All as consumers all over the world flock to cruise ships in record numbers again. It’s been so hot, that Viking Holdings recently announced it filed with the Security & Exchange Commission (SEC) to take its shares public. And Even better, according to Reuters, travelers have been booking cruises for 2024 at “greater volumes” than even before the pandemic. About 3 ...