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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Lindblad Expeditions Holdings (LIND) Among the Best Cruise Stocks to Buy According to Hedge Funds?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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Lindblad Expeditions Holdings , Inc. (NASDAQ:LIND) is an experiential travel operator that offers immersive ship-based and land-based expeditions.

The Cruise Lines International Association (CLIA) reported that around 35.7 million passengers were anticipated to set sail in 2024 , reflecting a 6% growth over 2019 .

The global cruise market had a size of $7.67 billion in 2022 .

Lindblad Expeditions Holdings , Inc. (NASDAQ:LIND) also reported a 28% rise in adjusted EBITDA for the year , with margins increasing 170 basis points to 14.4% .

Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on the company on March 11 .

The company ranks tenth on our list of the top cruise stocks to buy according to hedge funds.

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