this post was submitted on 22 Dec 2023
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Stocks

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Cruise line industry (lemmy.world)
submitted 8 months ago by RalphFurley@lemmy.world to c/stocks@lemmy.world
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I was holding RCL long-term during the pandemic and sold off after their last earnings report (at several points higher). Regretting that now as it keeps going up up and up.

Bought CCL for cheap before earnings and it's looking good.

Oil is down, record bookings. Really the only negative is the debt the industry acquired and high interest rates. But they're paying down the debt, profitable again, interest rates will go down.

The whole industry is poised well.

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