Carnival Corporation's stock (
CCL) reached a new
12-month high thanks to an
analyst upgrade, spurring speculation over whether there is still room for the stock to grow. Amidst a 59% decline, some experts are sensing a
rare investment opportunity within CCL. Meanwhile, there has been significant action in holdings, with Auto Owners Insurance Co and Private Advisor Group LLC notably reducing their stakes, while various others, like Victory Capital Management Inc, J.W. Cole Advisors Inc, and Black Swift Group LLC, have increased their stake. Despite some sales, Carnival's stock has risen sharply since the last earnings reports and is expected to continue on this trajectory by some analysts. There are strong indications for long-term value in the stock and reasons to invest immediately. The stock outran forecasts and has improved its outlook. Contemplations exist on whether investing in CCL, due to Wall Street's bullish views, is a good move. However, the company's debt reduction and yield growth have won praise. Despite some bearish views and red trade days, CCL's stock continues to appear undervalued to many. After loyalty program changes, there was a slight dip. Following strong last-minute bookings and earnings beating estimates, the stock appears ready to surge.
Carnival Stocks CCL News Analytics from Wed, 30 Apr 2025 07:00:00 GMT to Sun, 27 Jul 2025 00:43:36 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor 3
