Down 80%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity?
In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time.
It's been a different story since then, though. This cruise stock currently sits 80% below its peak price. That's even after shares soared 76% since the start of 2023 (as of April 18).
Does this setup on the dip make Carnival a once-in-a-generation investment opportunity? Here's what investors need to know.
Source Fool.com
Carnival plc Stock
€12.20
0.330%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Carnival plc stock is not clear.
As a result the target price of 13 € shows a slightly positive potential of 6.56% compared to the current price of 12.2 € for Carnival plc.
