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best cruise line stock

Posted on 12/2/20 at 2:49 pm
Posted by bluewing
south
Member since Jun 2013
169 posts
Posted on 12/2/20 at 2:49 pm
CCL, ROYAL, NORWEGIAN ???
Posted by TigerCrude
Member since Oct 2019
1878 posts
Posted on 12/2/20 at 3:00 pm to
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 by Otto Scorzany
Member since Nov 2020
1027 posts
Posted on 12/2/20 at 4:01 pm to
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 by Auburn1968
NYC
Member since Mar 2019
26383 posts
Posted on 12/2/20 at 4:17 pm to
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.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 12/2/20 at 4:50 pm to
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 by go ta hell ole miss
Member since Jan 2007
14655 posts
Posted on 12/2/20 at 8:35 pm to
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 by Bestbank Tiger
Premium Member
Member since Jan 2005
80630 posts
Posted on 12/2/20 at 8:52 pm to
I'm in CCL and RCL. Norwegian is a non dividend stock so I avoided them.
Posted by go ta hell ole miss
Member since Jan 2007
14655 posts
Posted on 12/2/20 at 9:05 pm to
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 by Thecoz
Member since Dec 2018
3965 posts
Posted on 12/2/20 at 9:10 pm to
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
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
80630 posts
Posted on 12/3/20 at 7:49 am to
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 by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 12/3/20 at 10:00 am to
I bought RCL in April. Bought and sold CCL.
Posted by SlidellCajun
Slidell la
Member since May 2019
16347 posts
Posted on 12/3/20 at 11:32 am to
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
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33402 posts
Posted on 12/3/20 at 11:56 am to
RCL is the way to go for long term holding. Best product
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