The Top 3 Cruise Stocks to Buy Now: Summer 2024
Carnival (CCL) Investor Place·2024-08-01 05:20
The pullbacks in some of the top cruise stocks are all buying opportunities.Look at Royal Caribbean (NYSE:RCL), for example.Even with strong booking demand and earnings growth, the stock dropped from about 152, where it’s now oversold and pivoting higher. Not only did it just catch support at its 50-day moving average, but it’s also excessively oversold on RSI and Williams’ %R. While expecting RCL to resume its uptrend, I’d buy the temporary weakness.From its last traded price ...