Will Carnival, Royal Caribbean Or Norwegian Stock Grow The Most By 2022?

Will Carnival, Royal Caribbean Or Norwegian Stock Grow The Most By 2022?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

This week we posed the following question related to cruise line stocks: Over the next year, which cruise line stock will have the largest percentage gain?

  • Carnival Corp (CCL

  • Royal Caribbean Cruises Ltd (RCL

  • Norwegian Cruise Line Holdings Ltd (NCLH

Survey Says

About 38% of traders and investors back Carnival to grow the most by 2022. Carnival operates in virtually all major vacation destinations worldwide. 

Carnival’s cruises were shut down completely for most of 2020 due to the pandemic and will likely remain shut down for at least a couple of months in 2021, as well. The stock dropped 57.2% in 2020.

Next, 33% of investors believe Royal Caribbean will gain the most. Like Carnival, Royal Caribbean operates as a global cruise vacation company. The company’s mainstay brands include Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises.

Meanwhile, traders and investors were the least confident in Norwegian's growth prospects over the next year, as 29% of respondents told us shares of Norwegian would grow the most in 2021.

Norwegian shares dropped a nearly identical 56.2% in 2020 for nearly identical reasons that the Carnival and Royal Caribbean shares lagged.

As far as other travel stocks are concerned, it can be said that low-cost ticket models in the vein of Spirit Airlines Incorporated (SAVE) , JetBlue Airlines Corporation (JBLU) or Southwest Airlines Co (LUV) have the potential to lead travel demand once the pandemic subsides.

As the American and global economy recover, and if vacation travel were to return by summer 2021, budget-conscious travelers may first seek accommodations from the most affordable cruise lines. 

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William K. 1 month ago Member's comment

The big question of mine is how will the cruise lines ever assure that the virus plague will not afflict any given ship. So unless they have an undisclosed solution I do not see any of them returning to how they were.. Starting up again, certainly, but back to the previous? No.