Should You Buy Carnival Stock While It's Below $30?

After being decimated by the COVID-19 pandemic, Carnival (NYSE: CCL) has been sailing smoothly. Demand has bounced back tremendously. This has helped drive shares 137% higher in the past three years (as of June 26).The business just reported another fantastic quarter. Revenue increased 9.5% year over year to $6.3 billion. Diluted earnings per share (EPS) skyrocketed 500% to $0.42. Both of these headline figures came in ahead of Wall Street expectations. It's easy to remain bullish on Carnival. Should you buy this cruise stock while it's below $30 per share?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool