CCL's Holland America Line announces a $70 million investment to elevate its Denali Lodge and expand Alaska Cruisetours.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Carnival Corporation is rated Strong Buy with a projected 25-30% upside, driven by record-breaking operational performance and robust booking trends for 2025. Exceptional booking patterns, pricing power, and advanced bookings at record highs provide visibility into future revenues and reflect strong consumer confidence. Significant margin expansion and disciplined cost management have led to substantial profitability improvements, with net income swinging from a loss to $303 million.
Ah, the new year. The time of resolutions that we don't usually keep.
Carnival (CCL -2.26%) (CUK -2.41%) stock has made a huge recovery since almost sinking, and every year since its rebound is getting better. In 2023 it achieved record revenue, and in fiscal 2024 (ended Nov. 30), revenue went even higher, and Carnival returned to profitability.
The performance of Carnival Corp (CCL -0.50%) has likely frustrated its long-term investors over the last few years. The stock achieved a peak closing price in January 2018, reaching as high as $71.94 per share.
You do not often come across businesses that stand the test of time. Such companies should possess a strong business model and offer products or services that make them relevant over the long term.
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The cruise industry rides on solid booking trends, enhanced marketing campaigns and operational improvements. CCL, RCL and NCLH remain top contenders.
Analysts revised/maintained the price target for Carnival Corporation CCL following better-than-expected fourth-quarter 2024 results reported last week.
Inflation cooled in November, making it an ideal opportunity to invest in discretionary stocks like DIS, CCL, DLB and GME.
Carnival Cruise Lines' NYSE: CCL share price is up about 50% for 2024 and rallying in the second half because the business is strong. Details from fiscal 2025 include sustained growth following industry normalization, record results, and improving guidance.