1 Growth Stock Down 65% to Buy Right Now

The big pullback Carnival Corporation (NYSE: CCL) stock's suffered since 2018 makes enough sense on the surface. The COVID-19 contagion wrecked the leisure cruise industry. So -- like so many other companies at the time -- this one borrowed heavily to survive. Although the pandemic's since faded, it doesn't feel like the economy's ever fully healed. All that debt is also still sitting on Carnival's balance sheet, costing the company money that it wasn't paying out just a few years earlier.However, Carnival is faring far better than it seems like it should be, despite the backdrop.The market's starting to see this. Shares are well up from their late-2022 low. This stock's still down 65% from its 2018 high, however, leaving plenty of room for it to keep rising.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool