Carnival: Pricing Power, Balance Sheet Improvement, And Corporate Actions (NYSE:CCL)

Core Viewpoint - Carnival Corporation (CCL) is experiencing structural demand growth for cruise travel, supported by solid bookings and yield growth [1] Group 1: Investment Thesis - The investment thesis for Carnival Corporation is based on the belief that the company is benefiting from a long-term increase in demand for cruise travel [1] - There is a focus on identifying undervalued companies with long-term growth potential, emphasizing a blend of value investing principles [1] Group 2: Investment Strategy - The investment approach involves purchasing quality companies at a discount to their intrinsic value and holding them for long-term earnings and shareholder return compounding [1]