The market appears to have high hopes for Carnival Corporation & plc (CCL), as various sources indicate strong reasons to invest, alongside the generation of record-breaking numbers and continuous post-earnings growth. CCL’s various recent accolades, a strong rebound from the markets, and a record for volatility render it an attractive option for investors. These factors contribute to the Wall Street love affair with the stock, particularly with an in-line Q4 performance further fueling the uptrend.
However, amidst strong Q4 earnings and record bookings, there's some uncertainty with short sellers viewing the stock as potentially risky. This coincides with CCL's stock price decreasing by 5.2%. Analysts remain optimistic, with a collective positive outlook on the stock and a significant boost to the price target. Institutional ownership remains high; signaling continued faith from 'the big guns'.
In contrast, some warn the stock might be beaten down and question whether it’s too late to buy CCL stocks. Several reports have suggested CCL as a top travel stock to buy, highlighting positive demand and pricing for 2025. Overall, the future of CCL appears promising, but market volatility may influence the course of its success.
Carnival Stocks CCL News Analytics from Mon, 08 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 11:09:40 GMT - Rating 7 - Innovation 0 - Information 9 - Rumor 2
