RCL Stock Hits 52-Week High: Should You Wait for a Dip or Buy Now?

Royal Caribbean Cruises Ltd. (RCL) is sailing full steam ahead. On Friday, the stock reached a new 52-week high of $242.20 before closing slightly lower at $241.49.This milestone comes amid stellar third-quarter results and an optimistic outlook for the coming years, fueling an 18.7% surge in the stock price since the earnings announcement. The company's strong third-quarter performance exceeded expectations, driven by high demand, strong pricing, and onboard revenue growth. It achieved a significant financ ...