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Cruise Lines Sailing Into Treacherous Waters

By Tim KnightStock MarketsApr 08, 2021 03:26PM ET
www.investing.com/analysis/cruise-lines-sailing-into-treacherous-waters-200572025
Cruise Lines Sailing Into Treacherous Waters
By Tim Knight   |  Apr 08, 2021 03:26PM ET
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I believe the entire cruise industry has topped out; each of these three cruise giants have stalled beneath years of overhead supply and, I believe, are sailing into treacherous waters:

Carnival (NYSE:CUK) Corporation (NYSE:CCL):

Carnival Corporation Chart.
Carnival Corporation Chart.

Royal Caribbean Cruises Ltd (NYSE:RCL):

Royal Caribbean Cruises Chart.
Royal Caribbean Cruises Chart.

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH):

Norwegian Cruise Line Chart.
Norwegian Cruise Line Chart.

Cruise Lines Sailing Into Treacherous Waters
 

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Cruise Lines Sailing Into Treacherous Waters

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Comments (6)
Bubba Born
Bubba Born Apr 09, 2021 8:06AM ET
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Cruises are solely a discretionary purchase. They are not a necessity. If the home port is not in your native land the transportation hassles do not make cruising a desirable vacation choice. Cruise companies are not going to be making money for a long time!
Jeff Gowling
Jeff Gowling Apr 09, 2021 2:22AM ET
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I am so sick and tired of Tim Knight’s calls that everything has hit its cap and is going to tank. How many of these predictions does he actually get right? Does he ever put his money on these calls? If so, he surely wouldn’t be buoyant. We’re tired if these lame articles. This ship has sailed. Please throw his laptop overboard. (Nothing personal Tim)
Mike Brarey
Mike Brarey Apr 09, 2021 1:44AM ET
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People saying these companies are overvalued don't quite understand competitive advantage.
Mike Brarey
Mike Brarey Apr 09, 2021 1:42AM ET
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Just by staying alive these 3 companies have cornered the cruise market, globally.
Evan Ault
Evan Ault Apr 08, 2021 6:31PM ET
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the fact that they are still buoyant at all is a surprise to me.
Joseph Obrzut
jzut Apr 08, 2021 5:38PM ET
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Bought CCL 14 to 11.80 level Apr May end of Oct 2020. I've got time to hold these.
 
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