The Norwegian Cruise Line Holdings Norwegian Bliss ship sits docked at the Ogden Point Cruise Terminal in Victoria, British Columbia, Canada, on Friday, July 13, 2018.Credit Suisse just made a bold buy call on one of the most beaten-down industries from the Covid-19 pandemic.
Pro Oppenheimer's star technical analyst .AriWald this morning out making the case again that the 'final confirmation' of the market's upturn will be the rise of the airline, bank, cruise line and Retail REIT shares. Watch for the 'complete W'. Good graph below:
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Pro That is a sucker's bet. Cruise lines have made headlines for various other illnesses during the past decade. It is unlikely that a financially meaningful amount of travelers will subject their families to be a medical experiment.
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Pro Oh yeah but buy bye 👋
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Pro If it’s all the same to you and Credit Suisse, I’ll be giving it a miss. Thanks
Pro Sweet!
Pro How much does Credit Suisse pay you to advertise this? They're in big trouble with their loan losses on cruise liners.
Pro Nobody knows how the virus will play out, or if customers will return in time to save the cruise lines. The 'bold calls' these investment shops get right are grist for their marketing mill, and the ones they get wrong are to be forgotten. That's how they get to be 'experts'.
Pro I see a bright future in a cruise industry. Gonna be jammed packed with elderies enjoying their retirement🙄 with the money they won't have
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »