Carnival Corporation Stock: Good Prospects But I Stay On The Sidelines (NYSE:CCL)

News Snapshot:

dimarik Thesis Carnival Corporation & plc (NYSE:CCL) offers a compelling blend of revenue diversification & scale, with exposure to drive-to destinations and self-improvement initiatives. Carnival has outlined a strategy for robust EBITDA growth in 2024, driven by improvements in bookings, fare pricing, and onboard spending, which are expected to offset rising fuel and advertising expenses, as well as geopolitical challenges. Carnival has outlined a course for strong Ebitda growth in 2024, guided by bookings, fare and onboard spending gains that offset the effect of fuel, advertising and other expenses and the adverse profit impact of Middle East conflicts. However, with...