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Valued at a market cap of $8.99 billion, Norwegian Cruise Line Holdings Ltd. (NCLH) operates as a cruise company and offers itineraries from three days to 180 days. The Miami, Florida-based company owns and operates three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises.
Companies worth less than $10 billion are generally described as “mid-cap” stocks and Norwegian Cruise fits this criterion perfectly. The company is renowned for its innovative approach to cruising and for introducing the concept of Freestyle Cruising, which allows passengers the freedom to tailor their vacation experiences on their terms without the constraints of fixed dining times, entertainment schedules, or formal attire requirements.