Carnival (CCL) closed at $20.91 in the latest trading session, marking no change from the prior day. This move was narrower than the S&P 500's daily loss of 0.03%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.56%.Coming into today, shares of the cruise operator had gained 11.94% in the past month. In that same time, the Consumer Discretionary sector gained 0.88%, while the S&P 500 gained 1.39%.The investment community will be closely monitoring the ...

Carnival Corporation & plc (CCL) continues to outshine, with its stock rising 16.4% in the past month, outpacing the industry’s 8.3% rise. CCL has also handily beaten the S&P 500’s modest 2.1% gain and the sector’s 2.4% increase, underscoring the stock’s strong momentum amid broader market outperformance.As of Wednesday, the stock closed at $21, below its 52-week high of $21.80 but well above its 52-week low of $10.95. In the past month, CCL has outperformed other industry players like Royal Caribbean Cruis ...

It may not be smooth sailing for Carnival stock just yet, but the path forward looks promising.Many growth stocks have been picking up steam in recent weeks after the Federal Reserve cut rates by 50 basis points in September. The hope and expectation is that more rate cuts could be coming in the months ahead.This can be positive news for growth investors. Not only can it be more affordable to raise cash, but debt-heavy businesses may have the opportunity to refinance their debt at lower rates, bringing down ...

CHONGQING, China, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The 15th China Three Gorges International Tourism Festival will open on October 20 in Wanzhou District, west China's Chongqing Municipality, according to a press conference held by the Government of Wanzhou District on Wednesday. The two-day event will comprehensively showcase the magnificent scenery and profound cultural heritage of the Three Gorges of the Yangtze River, China's longest river. The cultural and tourism carnival will feature sports events, ...

Personally, it almost feels like a lifetime ago when COVID lockdowns heavily disrupted everyday life across the world. Few sectors were as severely impacted as the travel and leisure industry. Carnival Corporation & plc (NYSE: CCL )(NYSE:Analyst’s Disclosure: I/we have a beneficial long position in the shares of CCL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...

Shares of Carnival Corporation & plc (CCL) have gained 45.3% in the past six months, outperforming the industry’s 21.9% growth. This rally has been driven by strong demand, effective pricing strategies and targeted marketing efforts. With record bookings for 2024 and 2025, Carnival is positioned for continued growth, but is now the right time for investors to jump in?Major Growth Drivers for CCL StockStrong Demand and Pricing PowerCarnival has seen a historic rise in both occupancy and pricing for 2025. All ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Wall Street is undervaluing these companies' future growth.Sometimes Wall Street is slow to award companies the valuation they deserve based on positive trends happening in the business. Investors who buy reasonably valued stocks ahead of sharp increases in their earnings can see substantial gains on their investment.To aid your search, a group of Motley Fool contributors recently selected three stocks they believe can double in value, or get close to it, within two years. Here's why they like Carnival (CCL ...

Contrary to a common assumption, not every good stock is now miles above its pandemic-prompted low.The steep sell-off Carnival (CCL 0.20%) stock suffered when the COVID-19 pandemic first took hold in early 2020 made sense at the time. After all, even if people had been allowed to travel, most of them wouldn't have wanted to. Carnival's business collapsed, pushing it into the red for well over a year.The fact that shares are still down 67% from their pre-pandemic peak and (more or less) in line with 2020's l ...

Core Viewpoint - The average brokerage recommendation (ABR) for Carnival (CCL) is 1.51, indicating a consensus leaning towards a "Strong Buy" [1] - Despite the positive ABR, reliance solely on brokerage recommendations may not be prudent due to potential biases [2][3] Brokerage Recommendation Trends for Carnival - The ABR is based on 22 brokerage firms, with 17 recommendations classified as "Strong Buy" and one as "Buy," representing 77.3% and 4.6% of total recommendations respectively [1] - Studies indicate that brokerage recommendations often exhibit a strong positive bias, with five "Strong Buy" ratings for every "Strong Sell" [2][3] Zacks Rank vs. ABR - Zacks Rank is a proprietary tool that categorizes stocks based on earnings estimate revisions, providing a more reliable indicator of near-term stock performance compared to ABR [4][5] - The Zacks Rank is timely and reflects the latest earnings estimates, while ABR may not always be up-to-date [6] Earnings Estimate Revisions for Carnival - The Zacks Consensus Estimate for Carnival's earnings has increased by 12.4% over the past month to $1.28, indicating growing analyst optimism [7] - The increase in consensus estimates, along with other factors, has led to a Zacks Rank of 1 (Strong Buy) for Carnival, suggesting potential for stock price appreciation [7]