This Analyst Warns Cruise Investors: A Full Recovery Is Still “Several Years” Away

America’s up-again, down-again group of cruise line stocks — Carnival Corporation (CCL), Royal Caribbean (RCL), and Norwegian Cruise Line Holdings (NCLH) — went down again, en masse, this week, with all three companies’ stocks sinking 10% or more.Don’t say you were not warned.Analyst Chris Woronka of Deutsche Bank penned a note in which he tweaked price targets ever so slightly higher. At the same as he did this, however, Woronka also warned investors that none of the three publicly-traded cruise stocks is currently cheap enough to buy.Although Woronka raised his estimates (the price target on Carnival going from $11 to …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.