Norwegian, Royal Caribbean Rated Positively at Susquehanna Amid Industry Recovery

seekingalpha2022-06-09

There is opportunity in cruise stocks as the industry rebounds from COVID, per Susquehanna analyst Christopher Stathoulopoulos.In an initiation note on Carnival Corp., Norwegian Cruise Line Holdings, ...

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Wtt
2022-06-10
Wtt
K
Njook
2022-06-10
Njook
[Call]
Seah CL
2022-06-10
Seah CL
K
PCK
2022-06-10
PCK
👍
CharlesKing
2022-06-10
CharlesKing
like
Mindthink
2022-06-10
Mindthink
Ok

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liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023,” he wrote, adding that the stocks have been “overly beat down.”To be sure, Stathoulopoulos clarified that he prefers North America focused cruise lines given uncertainty about the conflict in Ukraine and general reopening regulations across Europe. 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