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Prediction: Carnival Stock Will Soar Over the Next 5 Years. Here's 1 Reason Why.
Carnival (NYSE: CCL)(NYSE: CUK) stock was once the prototypical value stock that beat the market and paid an attractive dividend. In a cautionary tale for investors, the company was dealt a huge blow during the pandemic, and it's still clawing its way back.Performance-wise, the company is doing amazing. Revenue has exceeded prepandemic numbers and continues to increase, and demand is incredibly strong. The stock had been reflecting that until recently, when it fell again in the tariff-induced sell-off.But there's one reason to expect Carnival stock to soar over the next five years.Continue reading
Carnival (NYSE: CCL)(NYSE: CUK) stock was once the prototypical value stock that beat the market and paid an attractive dividend. In a cautionary tale for investors, the company was dealt a huge blow during the pandemic, and it's still clawing its way back.
Performance-wise, the company is doing amazing. Revenue has exceeded prepandemic numbers and continues to increase, and demand is incredibly strong. The stock had been reflecting that until recently, when it fell again in the tariff-induced sell-off.
But there's one reason to expect Carnival stock to soar over the next five years.
