Carnival Stock Is Crushing the Market -- Time To Buy?

Perhaps one of the more dramatic recoveries over the past few years has been that of Carnival Corp. (NYSE: CCL). The forced shutdown of the cruise industry during the early stages of the COVID-19 pandemic resulted in the company losing its only significant revenue source for over a year. Even when Carnival ships could sail again, relaunching its ships and drawing back its customer base was a years-long process.Today, the environment is different. Not only are its ships full, but also, demand is such that it has had to build additional cruise ships. Amid that recovery, Carnival's stock price saw massive gains.The question now for investors is whether they can still benefit from buying the stock, or have they missed the boat on significant gains?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool