RCL Stock Soars 77% YTD: Smooth Sailing or Choppy Waters Ahead?

Royal Caribbean Cruises Ltd. (RCL) has delivered a stellar performance in 2024, with its stock surging 76.5%. The RCL stock has also outperformed the industry and the S&P 500’s growth of 21.8% and 27.8%, respectively.At the current price of $229.53, the stock trades at an 11.3% discount to its 52-week high of $258.70. The RCL stock also trades at a significant premium of 102.9% to its 52-week low of $113.10. Year to date, shares of industry players such as Norwegian Cruise Line Holdings Ltd. (NCLH) , Carniv ...