Credit Suisse Thinks These Cruise Stocks Will Jump Over 50%

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The firm says two beaten-down stocks, Royal Caribbean Cruises and Norwegian Cruise Line, are poised to rally once the industry bounces back.

for Royal Caribbean and Norwegian, which have seen their shares fall over 70% so far in 2020.

While coronavirus will likely have a “lasting impact” on the industry, “the unmatched value proposition” of cruise lines will be a “driving force behind a recovery,” analyst Benjamin Chaiken, raising liquidity to cover their cash burns, as their stocks hit all-time lows.from private equity giant L Catterton, which believes that “there’s no question” loyal cruisers will “want to get back on the water” and the industry “will bounce back.

 

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Depends on what you like. Drive the car usually for the younger/want to hang with some exceptions? & Relax/Chill little more mature but fun with shows included as well with some exceptions? The rest you'll have to figure out for selfie...

But who is taking cruises anymore? Credit Suisse employees? We ain't!

ZacariZac dont miss out like u did with zoom bro 😂

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It's a risky trade, but Credit Suisse makes the case for two cruise line stocks to soarFor subscribers: It's a risky trade, but Credit Suisse makes the case for two cruise line stocks to soar Check out CNBCPro for a free trial. 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 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 How much does Credit Suisse pay you to advertise this? They're in big trouble with their loan losses on cruise liners.
Source: CNBC - 🏆 12. / 72 Read more »