Op-ed: Cruise line stocks are a light on the horizon for investors seeking diversification

). Perhaps no other industry took it on the chin as hard during the pandemic, which halted sailings for months.

Relative to services, consumers are still spending about 20% more on goods than they did pre-pandemic. That gap, however, is closing, and according to Delta Air Lines , the trend could have legs for a couple more years. On a recent call with analysts, management said that the shift from goods to services was "only in the middle innings."

All three companies have cited a pronounced uptick in "new-to-cruise" customers. Previously, most of the demand came from longtime cruisegoers.

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