Could a $10,000 Investment in Carnival Stock Make You a Millionaire?

With eight different cruise lines catering to a wide demographic, as well as more than 90 ships in operation, Carnival (NYSE: CCL) is the largest cruise line operator on the planet. The business was decimated by the pandemic. It was forced to halt operations, leading to sizable net losses and rising debt. However, the company has bounced back, thanks to strong demand.Shares have jumped 87% in the past two years, as of April 15. But due to ongoing economic concerns, driven by fears of trade wars and other geopolitical issues, this cruise line stock trades 37% below its 52-week high. Maybe this is a solid buy-the-dip candidate for your portfolio that has big upside.Continue reading

Apr 19, 2025 - 19:49

Could a $10,000 Investment in Carnival Stock Make You a Millionaire?

With eight different cruise lines catering to a wide demographic, as well as more than 90 ships in operation, Carnival (NYSE: CCL) is the largest cruise line operator on the planet.

The business was decimated by the pandemic. It was forced to halt operations, leading to sizable net losses and rising debt. However, the company has bounced back, thanks to strong demand.

Shares have jumped 87% in the past two years, as of April 15. But due to ongoing economic concerns, driven by fears of trade wars and other geopolitical issues, this cruise line stock trades 37% below its 52-week high. Maybe this is a solid buy-the-dip candidate for your portfolio that has big upside.