Hedge fund legends Seth Klarman and Paul Singer quietly loaded up on a battered cruise stock sitting near its pandemic lows, and their timing raises a question every value investor should be…
Crude oil just handed cruise operators a problem they cannot hedge away mid-voyage, and the three biggest names in the sector are absorbing the hit in very different ways.
Cruise stocks are staging a sharp rebound at midday Thursday. Norwegian Cruise Line Holdings (NYSE:NCLH | NCLH Price Prediction) is leading the group, up 8% to $20, while Carnival (NYSE:CCL) shares trade…
Carnival (NYSE: CCL | CCL Price Prediction) and Royal Caribbean (NYSE: RCL) just closed earnings cycles that explain why the cruise trade has fractured. Carnival delivered its sixth straight EPS beat on…
Carnival (NYSE:CCL | CCL Price Prediction) stock is under pressure today, falling 6% to $28.41 as investors react to its latest quarterly earnings report. The move stands out against a relatively stable…
A 58-year-old reads about Mario Salcedo, the retiree who has spent more than 1,000 voyages on Royal Caribbean (NYSE:RCL | RCL Price Prediction), and starts running numbers. The pitch is seductive: dinner…
Drew Wood Our Royal Caribbean Cruises (NYSE:RCL | RCL Price Prediction) call sits firmly in the bull camp. Our 24/7 Wall St. price target for Royal Caribbean is $319, pointing to 24.56% upside from…
Vandita Jadeja Shares of Carnival (NYSE:CCL | CCL Price Prediction) are up 9% in midday trading Wednesday while Norwegian Cruise Line (NYSE:NCLH) is rallying 11%. Royal Caribbean Cruises (NYSE:RCL) isn’t joining the party, with…
Northcoast Research has pulled Norwegian Cruise Line (NYSE:NCLH | NCLH Price Prediction) from its Buy list, downgrading the stock to Neutral on May 6. The firm cited a slower-than-expected balance sheet transformation…
Six days ago, cruise stocks were sinking. On April 2, shares of Carnival (NYSE:CCL | CCL Price Prediction) and Norwegian Cruise Line (NYSE:NCLH) stock fell roughly 4% on fuel cost fears as WTI…
Carnival Corporation (NYSE:CCL | CCL Price Prediction) stock retreated 4% in Thursday’s session, trading below $26 after opening at $26.58. Meanwhile, Norwegian Cruise Line (NYSE:NCLH) stock also sank 4%, changing hands at…
Carnival (NYSE:CCL | CCL Price Prediction) shares are down approximately 4% in Friday morning trading, falling from an opening price near $25 to around $24. The drop comes on the same day the…
With the Federal Reserve having cut rates from 4.5% to 3.75% over the past six months, the calculus for income investors is shifting. Cash and money market yields are drifting lower, while…
Royal Caribbean Group (NYSE:RCL | RCL Price Prediction) has had a turbulent stretch heading into spring. The stock is down 12.67% over the past month and down 2.42% year-to-date. Still, it has…
Joel South Royal Caribbean (NYSE: RCL | RCL Price Prediction), Carnival (NYSE: CCL), and Norwegian Cruise Line (NYSE: NCLH) all sailed through the same pandemic, the same fuel spike, and the same demand recovery.…
