Carnival (CCL) is today’s Under 30 stock. George Tsilis discusses CCL as it seems to be the worst performer of the cruise line stocks. He compares CCL to Royal Caribbean (RCL) and Norwegian (NCLH). He also talks about how multiple factors, such as market volatility and that cruises are not used for necessity travel are contributing to the stock’s underperformance. He then goes over how Susquehanna initiates coverage on CCL with a neutral rating. Tune in to find out more.
09 Jun 2022