Could Carnival Stock Help You Become a Millionaire?
Carnival (NYSE: CCL) (NYSE: CUK) faced tough times in early pandemic days. The company was forced to temporarily halt sailings, and that meant relying on debt to, excuse the pun, stay afloat. But in the years that followed, the world's biggest cruise operator demonstrated its ability to weather the toughest of times and emerge victorious.
The company has worked to pay down a significant amount of debt, reached record revenue levels, returned to profitability, and shown that travelers love its cruises. The stock price has reflected these successes, climbing 50% over five years -- though the stock still hasn't fully recovered its early pandemic losses.
Now, as Carnival continues to sail along its recovery and growth path, could the stock help you become a millionaire? Let's find out.
Source Fool.com
