Cruise stocks got a lift from a Wall Street analyst following Carnival's earnings.Shares of cruise lines stocks rallied this week, with Carnival Corp. (CCL 0.84%) (CUK 0.54%), Royal Caribbean Cruises (RCL 0.92%), and Norwegian Cruise Line (NCLH 0.20%) up 12.9%, 8.3%, and 14%, respectively, through Thursday at 1:27 p.m. ET, according to data from S&P Global Market Intelligence.Cruise lines had been battered by the COVID-19 pandemic, but have been digging themselves out of their respective debt holes for the ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Carnival (CCL) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Carnival is one of 272 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 within the Zacks Sector Rank. Th ...

Have you been paying attention to shares of Carnival (CCL) ? Shares have been on the move with the stock up 22.1% over the past month. The stock hit a new 52-week high of $20.45 in the previous session. Carnival has gained 9% since the start of the year compared to the 0.4% move for the Zacks Consumer Discretionary sector and the 16.4% return for the Zacks Leisure and Recreation Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

On a day when the benchmark S&P 500 index hit a record high, Carnival Corporation's NYSE: CCL popping 7% to its highest level in more than 2 years says a lot. As one of the hardest hit industries during the COVID pandemic, cruise lines have been closely watched in recent years to see if they can get back to pre-pandemic levels. So far, though they've managed some solid runs, this has proved an elusive goal, but there's an argument to be made that some cruise stocks, and Carnival in particular, have never lo ...

After surviving a brutal pandemic shutdown, it has made a dramatic comeback.Carnival Corp. (CCL 7.05%) has experienced a huge rebound since the pandemic. After shutdowns left it without a significant revenue source for over a year, massive debts and a long process of returning to normalcy left its stock without an obvious catalyst.However, Carnival's ships are again packed, and bookings are at record highs. Such conditions should prompt investors to take a closer look at the cruise line stock.The Carnival c ...

Key TakeawaysThe S&P 500 added 0.7% on Wednesday, Oct. 9, hitting a record close after the Fed released its September policy meeting minutes.Shares of cruise operators moved higher as Citi analysts highlighted industry tailwinds.After AI optimism helped lift them to record highs last week, shares of several utility stocks lost ground as analysts questioned whether they can maintain their momentum. Major U.S. equities indexes moved higher in the midweek session as the Federal Reserve released minutes from it ...

If you've been sitting on the fence, now might a great time to take the leap.As we get into the last quarter of a stunning year full of records and rebounds, Carnival (CCL 2.91%) (CUK 2.97%) stock is roughly flat year to date. But that's not likely to last. There are a lot of good things happening now at the cruise line operator, and the problems might start to sort themselves out quickly. Here are three reasons to buy Carnival stock before the year runs out.1. Business is at record levelsCarnival continues ...

Experts are predicting that Hurricane Milton will cause historic devastation in Florida. Large parts of the state are being evacuated. It could result in dire consequences for the travel industry.However, Carnival Corporation & plc‘s CCL stock has not been negatively impacted and is in rally mode. This is why our team of trading experts has made it our Stock of the Day.The chart of Carnival illustrates some important market principles. First, it shows that stocks tend to rally after they reach support level ...

A message board at the Tampa International Airport shows all American Airlines departing flight canceled Tuesday, Oct. 8, 2024, in Tampa, Fla., due to the possible arrival of Hurricane Milton.Airlines canceled hundreds of flights, theme parks prepared to close some areas and cruise lines shifted routes as Floridians braced for Hurricane Milton's landfall.The Category 4 storm has top sustained winds near 145 miles per hour and is expected to strike Florida's west coast on Wednesday, according to the National ...

One of these stocks is crushing the S&P 500. Should you buy? The cruise ship industry had a miraculous turnaround coming out of the COVID-19 pandemic. After completely shutting down and losing loads of money for multiple quarters, cruise ship demand exploded with vacationers hitting the high seas on these vast floating hotels. Two publicly traded cruise ship stocks are Royal Caribbean (RCL 0.20%) and Carnival (CCL -0.06%). Since the beginning of 2021, both of these companies have seen revenue explode higher ...