3 Reasons to Buy Carnival Stock Like There's No Tomorrow

Carnival (NYSE: CCL)(NYSE: CUK) is the leading global cruise operator, and if you haven't been paying attention until recently, you might not realize that it was in serious danger just a few years ago. The pandemic-era climate made it impossible for it to make any money; it's literally the opposite of an essentials company.Investors scrambled to get out of the stock, and it's still 56% off of its all-time high. That gives you a sense of where it was before this all started, and how much further it has to go to get back there.It's one of the market's curiosities that this industry leader could lose investor confidence so definitively. It had been a faithful market beater for years, and cruise closures only lasted a few months. But the fear is real, and Carnival is still bearing the consequences.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool