Here's when to buy the coronavirus-related dip in cruise line stocks, Instinet says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

New for subscribers: Here's when to buy the coronavirus-related dip in cruise line stocks, Instinet says Check out CNBCPro and get your first 30 days free.

The Royal Caribbean Cruise Ship Anthem of the Seas is docked at Cape Liberty port on February 7, 2020 in Bayonne, New Jersey.Cruise lines will only recover from coronavirus pressure when the deadly virus exits the news cycle, according to Instinet.

The firm said cruise line stocks should find a bottom once 2020 earnings estimates decline enough to reflect some reasonable estimate of the virus's impact.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus outbreak could cause disruption of key medical supplies - Business InsiderMedical experts say most US citizens are more at risk from seasonal influenza than the coronavirus, but that hasn't helped quell fears. And make 3 M rich
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman says buy these stocks if coronavirus fears prove to be overblown'Investors who believe the economic consequences of the coronavirus will be limited should increase exposure to cyclicals and value stocks,' analyst said. Pro Pro I've always wanted to cash in on the deaths of hundreds of people. Pro Oh please.
Source: CNBC - 🏆 12. / 72 Read more »