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1 Growth Stock Down 67% to Buy Right Now
CCLCarnival (CCL) The Motley Fool·2024-10-12 08:15

Contrary to a common assumption, not every good stock is now miles above its pandemic-prompted low.The steep sell-off Carnival (CCL 0.20%) stock suffered when the COVID-19 pandemic first took hold in early 2020 made sense at the time. After all, even if people had been allowed to travel, most of them wouldn't have wanted to. Carnival's business collapsed, pushing it into the red for well over a year.The fact that shares are still down 67% from their pre-pandemic peak and (more or less) in line with 2020's l ...