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Cruise industryCNBC
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77% Informative
The cruise industry was the last to recover from the Covid pandemic.
Despite price increases, cruises are still cheaper than land-based lodging.
That's helping the industry stand out as some weakness creeps into other travel sector.
Carnival CEO Josh Weinstein : "If that's true that the consumer is slowing down in other sectors, that really bodes well".
Royal Caribbean has an average rating of overweight by the analysts covering the stock, but it has about 1% downside to the average price target.
Shares of Carnival have underperformed the market, gaining about 13% year to date , while the S&P 500 is up about 22% .
VR Score
88
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64
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English
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