Smooth Sailing or Rough Seas Ahead? Is Carnival Stock a Buy?

Carnival's rebounding earnings growth is potentially deceiving investors.Shares of cruise line Carnival Corporation (CCL 0.59%) have jumped nearly 15% over the past week, driven by standout business results reported in Q2 earnings. The company continues to see robust demand following the pandemic, which has helped drive the business back to profitability.Things look promising, with earnings expected to ramp up over the next two years. However, investors may want to approach the stock cautiously. Economic st ...