Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Reasons to Buy Carnival Stock Right Now

TheMotleyFool 
0 0 29.06.25
3 Reasons to Buy Carnival Stock Right Now: https://g.foolcdn.com/editorial/images/823145/peoples-legs-sticking-out-from-under-a-boardwalk-with-one-face.jpg
 

(NYSE: CCL)(NYSE: CUK) continues to deliver impressive results, but its stock is still 64% off its all-time high. There's good reason for that; it has a huge debt that makes it risky.

But that isn't likely to stick around forever. If you have some appetite for risk, now's the time to buy before it pays off the debt and soars. Here are three reasons why Carnival stock looks ripe for buying today.

Carnival is the largest cruise operator in the world, and it's dealing with incredible demand for its industry-leading cruises. Over the past few years, as demand continues to soar and sales continue to increase, there have been various reasons investors have been worried that it would eventually slow down. It hasn't.

Continue reading


Source Fool.com

Carnival plc Stock

€21.89
1.530%
Carnival plc gained 1.530% today.

Show more
Like: 0
CCL
Share

Comments

Not a member yet? Sign up for free!