Cruise line stocks are in focus with investors looking at a re-opening play, says Julian Koski of New Age Alpha. Overzealous tailwinds are pushing stock prices into overpriced territory, he adds. Royal Caribbean (RCL) is underpriced when compared to Carnival (CCL) and Norwegian Cruise Line (NCLH). He feels cruise lines should be avoided and feels the probability of success is too low for them.
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