Cruise Stocks Took a Hit in 2020. Five Years Later, Is It Time for Investors to Reconsider?

When the pandemic disrupted life as we know it in 2020, cruise line stocks were some of the hardest hit in the entire stock market. And it certainly made sense. Cruise ships weren't operating for a year or more in many cases, and even after cruising resumed, it was a while before ships were sailing at full capacity.In the meantime, the major cruise lines had to take on added debt. Maintaining a fleet of billion-dollar ships is expensive, even when they aren't moving.Now that the bad news is out of the way, let's get to the good news. Demand for cruises rebounded quickly once the world returned to normal and things like vaccine and masking requirements went away. And unlike demand for certain other types of travel, cruise demand has stayed incredibly strong ever since.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool