IB Net Payout Yields Model

Carnival: All Clear Sign

  •  Royal Caribbean reported a solid Q4'22 earnings report, but most importantly guided to a big 2023 EPS of over $3.
  • Carnival already forecast a solid adjusted EBITDA boost in the weak FQ1'23 in a sign this year was going to be vastly improved.
  • The stock is cheap at $12 with peers already guiding to 2025 EPS targets topping 2019 peak levels amounting to a $4+ EPS target for Carnival.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
The cruise line stocks have seen a strong rally in early 2023 due in part to the likely end of tax-loss selling as the calendar turned to the new year. Carnival Corp. (
Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Comments

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments