Could Buying Carnival Stock Today Set You Up for Life?

Carnival (NYSE: CCL) (NYSE: CUK) has been making a comeback. Since the start of 2023, shares have skyrocketed 115% (as of Oct. 1). That gain is well ahead of the S&P 500 index's rise over the same period.But this top cruise line stock still has a lot of catching up to do. It currently trades 75% below its all-time high from January 2018. Does this mean buying Carnival shares today could potentially set you up for life? Here's what investors should know.Carnival recently reported its financial results for the fiscal 2024 third quarter (ended Aug. 31). The business beat Wall Street estimates on both the top and bottom lines in the three-month period, which is certainly an encouraging sign for shareholders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool