RCL Stock Near 52-Week High: Is it Time to Jump Onboard?
Royal Caribbean Cruises .(RCL) ZACKS·2024-10-22 23:25
Royal Caribbean Cruises Ltd. (RCL) has been riding a wave of momentum, with its stock hovering near its 52-week high. This impressive performance can be attributed to strong consumer demand, driven by a resilient economy, low unemployment, stabilizing inflation, and record-high household net worth. Shifts in consumer preferences toward experiences, especially travel, have further fueled growth, with research showing that consumers are allocating more vacation days and spending more on travel than any other ...