3 Reasons to Buy Carnival Stock Like There's No Tomorrow

Government restrictions during the COVID-19 pandemic inflicted a lot of financial damage to many travel-related businesses, including cruise ship operator Carnival (NYSE: CCL). But after years of rebuilding, the company finally got its groove back.In its fiscal 2024, ended Nov. 30, Carnival hit all-time high sales of $25 billion, a strong 15% year-over-year increase. Fiscal 2025 looks to deliver even better results, given the historically high occupancy rates for its bookings. This contributed to Carnival shares skyrocketing nearly 70% over the past 12 months through July 2.There are many reasons to consider an investment in Carnival stock. Here's a look at three factors that make the cruise company a compelling long-term investment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool