Is Carnival Stock a Buy on the Dip?
The cruise line operator should be a long-term winner, but expect some near-term fluctuations.Carnival's (CCL 3.57%) business made a massive recovery last year, and its stock gained 130%. But so far in 2024, it's down 18%. So is the cruise line giant's recovery story over, or is this an opportunity to buy it on the dip?Carnival is back in businessCarnival stock was risky during the period of the pandemic when the company wasn't producing any revenue, and investors who took a chance on the stock while it was ...