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Valued at a market cap of almost $32.1 billion, Carnival Corporation & plc (CCL) operates as a cruise and vacation company that provides leisure travel services. The Miami, Florida-based company operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.
Shares of this cruise vacation company have significantly outpaced the broader market over the past 52 weeks. CCL has rallied 68.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 22.6%. Moreover, over the past six months, the stock is up 61.8%, significantly higher than SPX’s 10.5% rise.