1 Cheap Stock Down 79%: Is It a No-Brainer Buying Opportunity?
CCLCarnival (CCL) fool.com·2024-05-20 17:20

In the minds of investors, not all businesses have fully recovered from the pandemic. Even though the S&P 500 is near record territory, it doesn't mean that all businesses have seen their shares reach all-time highs in recent times. Some stocks are still significantly below their high-water marks. Look no further than Carnival (CCL 0.67%). As of this writing, shares are 79% below their peak. It's no surprise that the company was decimated during the height of the pandemic as its operations were halted to st ...