Royal Caribbean: Covid Is Over

Summary

  • Royal Caribbean has been held back by covid restrictions, and the end of covid should provide a huge boost to bookings.
  • Analysts forecast a 30% boost in bookings since the removal of more covid restrictions in early August.
  • The stock is cheap, trading at 3x '24 EBITDA targets and ~7x '24 EPS estimates.
  • Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street. Learn More »

Symphony of the seas is the biggest cruise ship

Marina113

After recently ending a lot of covid restrictions, the cruise line sector has seen a surge in demand. Royal Caribbean Cruises (NYSE:RCL) remains underappreciated, with the stock trading closer to the covid lows as to the 2021 rebound

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Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.

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