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Message
best cruise line stock
Posted on 12/2/20 at 2:49 pm
Posted on 12/2/20 at 2:49 pm
CCL, ROYAL, NORWEGIAN ???
Posted on 12/2/20 at 3:00 pm to bluewing
Looks like Norwegian has the most room for growth based on old stock price. I’m in ccl. Not sure if they will ever rebound to where they were fully.
Posted on 12/2/20 at 4:01 pm to bluewing
You missed the boat when they were in the gutter in March. But they will come back IMO and you can still double your money.
Posted on 12/2/20 at 4:17 pm to Otto Scorzany
For me, it's really a question as to how long it will take them to come back. I think that going long is a safe, if slow bet.
Then too even after covid is knocked out, there is the longer term economic damage that has been done. It may be a hellofva economic hang-over.
Then too even after covid is knocked out, there is the longer term economic damage that has been done. It may be a hellofva economic hang-over.
Posted on 12/2/20 at 4:50 pm to bluewing
I've made a bunch of money on CCL since March. I'm out at the time but if it gets back in the 17.00's I'm buying a bunch more.
This post was edited on 12/2/20 at 4:55 pm
Posted on 12/2/20 at 8:35 pm to Auburn1968
quote:
Then too even after covid is knocked out, there is the longer term economic damage that has been done. It may be a hellofva economic hang-over.
They have all taken on a ton of debt to survive. There has also been a lot of dilution since March. Those expecting these companies to return to pre-Covid valuations might be disappointed.
Norwegian is probably in the best position, but it is up 40% in the last month. Hard to hop on after that kind of run with a company that has a major burn issue right now and lots of people unwilling to take the vaccine. Won’t sail until at least April ‘21 and that is likely to get pushed back even farther. They still have enough cash to make it about 15 months. People are still eight-nine months from feeling comfortable sailing, same as they were in March.
Cruise lines are still speculative, but without the potential upside like tech or EV.
This post was edited on 12/2/20 at 8:37 pm
Posted on 12/2/20 at 8:52 pm to bluewing
I'm in CCL and RCL. Norwegian is a non dividend stock so I avoided them.
Posted on 12/2/20 at 9:05 pm to Bestbank Tiger
quote:
I'm in CCL and RCL. Norwegian is a non dividend stock so I avoided them.
You have obviously been invested in cruise stocks for a long time because CCL and RCL haven’t paid a dividend since the 1st quarter.
Posted on 12/2/20 at 9:10 pm to go ta hell ole miss
i had no idea so picked up a little of each back in march... just a little to play the game
ccl up 86%
nclh up 105
rcl up 133
ccl up 86%
nclh up 105
rcl up 133
Posted on 12/3/20 at 7:49 am to go ta hell ole miss
quote:
You have obviously been invested in cruise stocks for a long time because CCL and RCL haven’t paid a dividend since the 1st quarter.
Should have been more clear - they're dividend stocks in normal times.
Posted on 12/3/20 at 10:00 am to bluewing
I bought RCL in April. Bought and sold CCL.
Posted on 12/3/20 at 11:32 am to bluewing
I would not invest in a cruise company but
The best cruising experience is with Royal Caribbean and I think they have the best balance sheet but not certain
The best cruising experience is with Royal Caribbean and I think they have the best balance sheet but not certain
Posted on 12/3/20 at 11:56 am to bluewing
RCL is the way to go for long term holding. Best product
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