1 Growth Stock Down 65% to Buy Right Now
Vacation-hungry travelers propelled Carnival (NYSE: CCL) to record-breaking revenue and cruise bookings in 2024. The company is capitalizing on an industry boom, with data showing a steady rise in first-time and repeat cruisers. Despite the stock returning a spectacular 71% over the past year, Carnival shares are still down about 65% from their all-time high in 2018, reflecting the deep restructuring the company underwent during the COVID-19 pandemic. However, with an earnings growth outlook from the cruise line giant that is now stronger than ever, there are several reasons to believe the rally can keep going.Let's discuss why Carnival stock could make a great addition to your portfolio in 2025.Continue reading
Vacation-hungry travelers propelled Carnival (NYSE: CCL) to record-breaking revenue and cruise bookings in 2024. The company is capitalizing on an industry boom, with data showing a steady rise in first-time and repeat cruisers.
Despite the stock returning a spectacular 71% over the past year, Carnival shares are still down about 65% from their all-time high in 2018, reflecting the deep restructuring the company underwent during the COVID-19 pandemic. However, with an earnings growth outlook from the cruise line giant that is now stronger than ever, there are several reasons to believe the rally can keep going.
Let's discuss why Carnival stock could make a great addition to your portfolio in 2025.
