Royal Caribbean: Deserved Move Higher

Summary

  • Travel sector peers have reported numbers suggestive of a big rebound ahead for cruise lines.
  • Royal Caribbean had predicted record EPS in 2025 topping $10 and the American Airlines numbers make this prediction appear far more realistic.
  • The stock is cheap trading at 6x 2025 EPS targets.
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Cruise ships leaving Philipsburg Port, St. Maarten

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The market keeps doubting the cruise lines, yet Royal Caribbean (NYSE:RCL) is finally pushing recent highs. The travel sector news continues to shine in an indication of the earnings power ahead for the cruise line. My

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