Carnival delivers early Christmas present

Carnival delivers early Christmas present

Following yesterday's upgrade to Overweight and a $51 price target, Carnival (CCL) released 4th quarter and year end earnings this morning delivering investors an early Christmas present. Earnings were in line with analyst expectations, overcoming some of the expected...
Cruise line stocks are soaring

Cruise line stocks are soaring

It may be odd to think of a ship soaring rather than sailing, but that is what cruise line stocks have been doing over the past six months.  In fact, Royal Caribbean’s (RCL) price per share (pps) has risen 87% from July lows of $23 to recent highs of $43.  Likewise...