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Where Will Carnival Stock Be in 1 Year?
Carnival (NYSE: CCL)(NYSE: CUK) is the largest cruise operator in the world, but this industry leader has had a rough few years. Its business has rebounded, but there are some leftover effects that are still weighing on its financial statements.It's in a much better place than it was last year at this time, with higher revenue, positive net income, and lower debt. It's also benefiting from lower interest rates. Let's see where it could be in a year from now.Carnival continues to report record quarter after record quarter. Some of the records can't go on forever, like price and occupancy, but it should be able to keep growing sales and net income, even if demand moderates.Continue reading
Carnival (NYSE: CCL)(NYSE: CUK) is the largest cruise operator in the world, but this industry leader has had a rough few years. Its business has rebounded, but there are some leftover effects that are still weighing on its financial statements.
It's in a much better place than it was last year at this time, with higher revenue, positive net income, and lower debt. It's also benefiting from lower interest rates. Let's see where it could be in a year from now.
Carnival continues to report record quarter after record quarter. Some of the records can't go on forever, like price and occupancy, but it should be able to keep growing sales and net income, even if demand moderates.
