Up 132% in 2023, Is it Too Late to Buy Carnival Stock for 2024? | CCL Stock Analysis
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- เผยแพร่เมื่อ 21 ธ.ค. 2023
- Carnival Cruise is benefitting as consumers unleash pent-up demand for travel.
Fool.com contributor and finance professor Parkev Tatevosian discusses why Carnival had such an excellent year in 2023 and answers if investors can buy the travel stock for 2024.
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OK, former CCL employee here.
CCL is printing money right now.
They will be back to 10 bil dept in the next 2 years.
I think that in the next 2 years this stock doubles at least.
CCL has a forward earnings yield of approximately 5%, the company has 2/3rds of its product sold for 2024, positive interest carry on billions of customer deposits and a nominal 3 year projected rise in revenues that is only 1% above the current CPI inflation rate of approximately 3%.
I respect your analysis and I would like your thoughts on RCL too
Noted.
Lets be honest. It's a vey good investment.
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Barev! Why don't you notice the most speculative stock that's gone 700%? It's MARA.
Noted.
hi! can you update this stock for a video?
You think prices are going to be the same or still considered exorbitant in 2025? They'll either be lower by then or people, like today aren't going to be comparing them to 2019. It'll be what is becoming today-- the norm. The last 2 years have shown us that the consumer, if they want it, they'll go get it.
The last two years, the consumer has had excess cash leftover from government stimulus. This will be depleted by 2026. You’re right about it feeling like the norm now.
Sounds to me like CCL is just keeping up with inflation.
Where can someone go to buy these stocks?
Fidelity investments.
Please update
Its totally nonsense to look at a stock YTD (esp. for cyclicals), it can be for whichever macro economical reasons the stock dropped -40% from Nov to Jan, making every stock looking like they made huge jump from Jan to somewhere in the year as the macro-economical scene recovered
Thanks for watching!
No. Wait for the crash, then buy.
Hasn’t the crash already happened for CCL? Or are you talking about a more general market crash?