ekapol/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Head of Quantitative Strategies Steven Cress shares his data-driven top 3 summer travel stocks. Why Royal Caribbean Cruise is his first pick (2:40). This airline stock is a buy the dip opportunity (11:50). MGM earns the 3rd pick and shows the importance of digging into underlying metrics (23:50). Check out Alpha Picks Transcript Daniel Snyder: Hello everyone. Daniel Snyder from Seeking Alpha here. Thank you so much ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Royal Caribbean (RCL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Royal Caribbean currently h ...

Royal Caribbean (RCL) closed at $161.40 in the latest trading session, marking a +0.42% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.49%.The cruise operator's shares have seen an increase of 7.06% over the last month, surpassing the Consumer Discretionary sector's gain of 2.11% and the S&P 500's gain of 3.22%.The investment community will be closely monitoring the performance of Royal Caribbean in its fort ...

Royal Caribbean (RCL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this cruise operator have returned +7.1%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Leisure and Recreation Services industry, which Royal Caribbean falls in, has gained 3.1%. The key question now is: What could be the stoc ...

Cruise stocks are absolutely surging today. Whether investors are looking at Carnival (NYSE:CCL), Royal Caribbean (NYSE:RCL) or Norwegian Cruise Line (NYSE:NCLH), gains of between 4% and 8% are in order during the Tuesday session.Given that we’re still in earnings season, investors may be correct in assuming earnings have something to do with this move. Carnival reported second-quarter earnings which surprised the market and analysts, showing a quarterly profit of 11 cents per share on revenue of $5.78 bill ...

dan_prat/iStock Unreleased via Getty Images Investment Thesis Lately, I have been covering cruise operators because I believe, within the travel segment, cruise companies are among the most underappreciated travel complexes of stocks. Cruise companies still carry a pessimistic image among a section of investors, despite overall travel demand remaining strong as we move through the summer months. I had recently covered Norwegian Cruise Lines (NCLH) as well as Carnival Corp. (CCL), where I assessed the ear ...

The stock market is going straight up. The longer the rally goes on, the more confident traders tend to become. In this environment, almost anything seems possible. The good times will keep rolling, and everything will turn out well in the end. However, the market can pull the rug out from under folks just when things are at peak sentiment. Just think back to 2022, when the bottom suddenly fell out of SPACs, EV companies, meme stocks, and other former outperformers. This is to say that while the party is st ...

Royal Caribbean (RCL) closed the most recent trading day at $151.48, moving +1.58% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.25%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.03%.The the stock of cruise operator has risen by 0.96% in the past month, leading the Consumer Discretionary sector's gain of 0.82% and undershooting the S&P 500's gain of 3.34%.Market participants will be closely following the financial resul ...

The ultimate short getaway gets ready for its July debut from Port Canaveral (Orlando), FloridaMIAMI, June 14, 2024 /PRNewswire/ -- It's time to gear up for weekend energy any day of the week. Royal Caribbean International officially welcomed the next big thing in vacations to the family: Utopia of the Seas. A celebration fit for the ultimate short getaway was had in Saint-Nazaire, France, as the Chantiers de l'Atlantique shipyard handed Royal Caribbean the keys to Utopia just five weekends before its July ...

Construction begins on the fifth vessel in the brand's award-winning Edge Series setting sail in fall 2025. SAINT-NAZAIRE, France, June 13, 2024 /PRNewswire/ -- The future of elevated travel at sea reached a major milestone today, as construction commenced for Celebrity Cruises' next ship, Celebrity Xcel. The keel laying ceremony at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France celebrated the momentous occasion for the latest and most elevated vessel in Celebrity's award-winning Edge Serie ...