"Carnival stock: 57% off highs Jennifer Saibil (Carnival): Carnival is the largest cruise company in the world, and it continues to report record growth and demand. But its high debt, racked up when it was forced to close down early in the pandemic, continues to worry investors. They have been coming back slowly. Carnival stock is 57% off its all-time highs, but it's up nearly 100% over the past year."
"Despite big gains for the broader market, there are still some great stocks down more than 50% from their peaks. As in most years, investors have had a lot of potential risk factors to navigate in 2025. That hasn't stopped major indexes from posting huge gains across the stretch. Along those lines, the S&P 500 index has jumped roughly 12% across this year's trading. Meanwhile, the Nasdaq Composite is up approximately 15% across the stretch."
"The company has been investing in its fleet and its destinations to attract new and repeat business. It recently launched an exclusive destination called Celebration Key, and it's expanding and enhancing other exclusive locations. It has a new ship called Carnival Festivale set to debut in 2027, featuring Sunsation Point, an outdoor family zone filled with activities, including a water park. It's also improving its loyalty program to boost engagement."
Major U.S. stock indexes have risen strongly in 2025, with the S&P 500 up about 12% and the Nasdaq Composite up about 15%. Despite record highs for many large companies, several individual stocks remain more than 50% below their peaks. Carnival Holdings' shares sit about 57% below all-time highs despite nearly doubling over the past year. Carnival faces lingering pandemic-era debt but shows strong demand, fleet and destination investments, expansion of exclusive destinations like Celebration Key, a new ship (Carnival Festivale) slated for 2027, loyalty program improvements, and second-quarter beats for net yields, adjusted EBITDA, and adjusted net income.
Read at The Motley Fool
Unable to calculate read time
Collection
[
|
...
]