Carnival: Positive Trajectory
- Carnival reported FQ2'22 results showing a positive trajectory in the business, though far from perfect.
- The cruise line indicated strong booking trends for 2023 as consumers are able to plan for trips without worries of travel restrictions.
- The stock is cheap at $10 with normalized earnings at $3 per share, as debt is repaid and interest expenses are cut.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »