Is Carnival Stock Too Risky?

It's incredibly cheap, but is it worth it?Carnival (CCL -0.16%) (CUK 0.06%) stock is little changed this year despite phenomenal performance across the board. The market is sensing risk here, but is the apprehension overdone? Let's see if Carnival stock is really too risky, or if the stock is undervalued.Cruising along at high speedCarnival has had a fantastic rebound from what might be called even lower than rock bottom. It's reporting record highs on several areas of its business, and it just keeps gettin ...