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Santanu Roy

Is It Finally Time to Sell This Cruise Line Stock?

CCL Carnival Jerome Powell Santanu RoyHaving Carnival Corporation Inflation Interest Rates PO Cruises Recession US Federal Reserve

Amid prevalent and persistent macroeconomic and geopolitical turbulence, Carnival Corporation & plc (CCL) faces an uphill task of keeping itself afloat in the near term. In this piece, I have discussed several reasons I am extremely bearish on this cruise line stock.

CCL is one of the frontrunners in the field of global leisure travel. The company runs its ships under various brand names, including Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, P&O Cruises (UK), and Cunard. The company owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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