Here is how Carnival (CCL) and Norwegian Cruise Line (NCLH) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Carnival (CCL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
On a day when the benchmark S&P 500 index hit a record high, Carnival Corporation's NYSE: CCL popping 7% to its highest level in more than 2 years says a lot. As one of the hardest hit industries during the COVID pandemic, cruise lines have been closely watched in recent years to see if they can get back to pre-pandemic levels.
After surviving a brutal pandemic shutdown, it has made a dramatic comeback.
Major U.S. equities indexes moved higher in the midweek session as the Federal Reserve released minutes from its latest policy meeting.
Oct. 9, 2024 - It is so good having the cruise stocks trio to set sail together this morning as crude oil WTI Futures goes on a downtrend nearing the support price of $70 per barrel oil. Reduced oil price would lead to reduced fuel costs, lower operating costs, and therefore increase profitability.
If you've been sitting on the fence, now might a great time to take the leap.
Experts are predicting that Hurricane Milton will cause historic devastation in Florida. Large parts of the state are being evacuated.
After the cruise industry crashed heavily during pandemic times, 2020-2021 to be exact, now we are seeing them ready to back on track. Carnival Cruise Line (CCL, Financial), the world's largest cruise operator, reported higher-than-expected bookings and the deposits they collected are at record levels.
On Tuesday, cruise and airline stocks experienced significant gains. Carnival Corporation (CCL, Financial) saw an increase of over 4%, while Norwegian Cruise Line (NCLH) rose more than 3%.
Airlines canceled hundreds of flights before Hurricane Milton was expected to make landfall in Florida on Wednesday. Tampa International Airport closed Tuesday morning.