It's aBoat time to buy Carnival
Carnival Cruise Line (CCL) is an international cruise line with its headquarters in Florida. It is one of the biggest cruise lines with a market cap of 31.85B. Carnival has an annual revenue of over 19 billion dollars this year, and has control of the cruise market with service to over 45% of the cruise passengers. Their stock price is around $46 after a 11% drop from around $52 a week ago. They also have a dividend yield of 4.3% making it have a higher yield than the other major cruise lines. They have a low P/E ratio of 10.94 which means that the stock is pretty cheap and that it has potential to grow and increase. The stock is also way below their 52-week high of $67.69 and is really close to their 52-week low of $44.76 which means that the stock is really low now and there is a high probability of the stock increasing because there is room to increase. Analysts predict a price target average of $54.70 or a high price target of $65 ov...