Carnival Pullback Could Be a Long-Term Buying Opportunity, Says 5-Star Analyst

The coronavirus has had a devastating effect on a plethora of industries, with cruise operators amongst the most badly hit.The recent spike in coronavirus cases has sown further uncertainty. Timelines for the resumption of sailings have been pushed back further into the unknown, raising even more concern regarding the industry’s future. Yet, this is precisely why Tigress Financial analyst Ivan Feinseth believes the time is right to consider an investment in the world’s largest cruise operator Carnival (CCL).The 5-star analyst reiterated a Buy rating on CCL “as it will overcome COVID-19 pandemic headwinds, and the pullback in the stock creates …read more

Source:: Yahoo Finance