Carnival: Consider This Potential Huge Compounder After Its Dip
CCLCarnival (CCL) Seeking Alpha·2024-04-02 05:34

Boogich/iStock Unreleased via Getty Images Thesis My previous article about Carnival Corporation & plc (NYSE:CCL) was released in Q4 2023 (a report that was released on December 21). In that article, I assigned Carnival a fair stock price target of 30.10whichatthattimewhenthestockwastradingat30.10 which at that time when the stock was trading at 19.20, represented a potential upside of 57%. Furthermore, I also assigned a future price of $75.90, which represented annual returns of 49.2% throughout 2029. Since that previous article, Carnival's stock ...