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Carnival Corp (CCL) reported strong free cash flow this morning for its Q3 ending Aug. 31. People love taking cruises more and more, and this can be seen in management's guidance. Based on analysts' higher revenue estimates, it's possible CCL stock could be over 23% undervalued.
CCL stock is trading today at 29.14, down from a recent peak of $31.45 on Sept. 18 and $32.49 on Aug. 28.