4 Reasons Carnival Stock Looks Like a Screaming Buy
CCLCarnival (CCL) The Motley Fool·2024-04-03 17:15

This is a stock that could take off once interest rates start to come down. Carnival (CCL -4.80%) stock is still recovering from the pandemic. At around 16ashare,thestockisstillnowherenearthe16 a share, the stock is still nowhere near the 50-plus price tag it was trading at in late 2019. The company accumulated debt during the past few years as the business struggled with factors outside of its control, but things have been improving significantly for Carnival. Although the stock rallied 60% in the past 12 months, here are four reasons it sti ...