Royal Caribbean Stock Jumps 47% in 6 Months: Still a Good Investment?
Shares of Royal Caribbean Cruises Ltd. (RCL) have gained 46.9% over the past six months, outperforming the 29.5% rise in the Zacks Leisure and Recreation Services industry. The stock has also surpassed the broader Zacks Consumer Discretionary sector's growth of 16.2% and the S&P 500 index’s 7.6% rally during the same period. The stock closed at 277.08 but well above its 52-week low of $121.18.Royal Caribbean is capitalizing on strong demand for cruising, with bo ...