Is Carnival Stock on Track to Return to Pre-COVID Highs?

Carnival (NYSE: CCL) was once sailing in very choppy waters. The company was facing a lot of uncertainty when the COVID-19 pandemic hit. However, it has been nothing but a smooth trip in recent times. This cruise stock is winning back the confidence of investors in remarkable fashion. As of Sept. 8, shares are up 222% just in the past three years. Despite underlying fundamental momentum, they still trade 56% below their record from January 2018. But is Carnival stock on track to return to pre-COVID highs? Image source: Carnival.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool