Carnival Corporation (CCL) has been in the limelight with news of its
stock performance and financial status. The company
posted smaller-than-expected Q1 losses, causing a surge in stock value. Various analysts have expressed
bullish sentiment towards the Carnival stock, suggesting strong profitability in 2024 and potential for more than 30% rally. Moreover, the company made record bookings for the first half of 2024, showing strong demand and robust business prospects. However, Carnival's
huge debt pile is flagged as a potential limit for its growth. There is also talk about Carnival posting its
first quarterly profit post-pandemic, which could influence the stock positively. Nevertheless, caution prevails as some view the stock as risky given the company's high-level of debt, urging investors to hold off purchases. Nevertheless, the stock remains popular among investors, some of which are arguing that now might be a good time to buy. The company also has plans to
add a new cruise ship to its fleet in 2027.
Carnival Stocks CCL News Analytics from Fri, 29 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 09:51:22 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -2
