Royal Caribbean (RCL) Pre-Q2 Earnings Analysis: Should You Buy?

Shares of Royal Caribbean have rallied 30% in the year-to-date period compared with the Zacks Leisure and Recreation Services industry's rise of 4.7%. Despite disruptions at Eastern Mediterranean sailings, the stock outperformed its peers, including Carnival Corporation & plc (CCL) , Norwegian Cruise Line Holdings Ltd. (NCLH) and OneSpaWorld Holdings Limited (OSW) . Image Source: Zacks Investment Research From a valuation perspective, RCL is trading relatively cheap. The company has a forward 12-month price ...