Royal Caribbean Up 61% in a Year Yet Undervalued: Still Time to Buy?

Royal Caribbean Cruises Ltd. (RCL) has been a powerhouse in the cruise industry over the past year, delivering a stellar 61.1% surge. This stand-out performance has left the industry’s modest 1.9% growth and the S&P 500’s 10.7% rise in the dust, solidifying RCL as a market outperformer.The company is benefiting from strong cruising demand from new and loyal guests and robust booking trends. Also, strength in onboard consumer spending and pre-cruise purchases bodes well.RCL 19% Below Its Peak – Opportunity f ...