Norwegian Cruise Line: Some Upside Remains, But Gains Can Slow Down
- Norwegian Cruise Line Holdings (NYSE: NCLH) has seen a bigger price increase than anticipated since late September, when it was last covered, necessitating a reassessment of its prospects.
- In the meantime, the company released Q3 2024 results, which reflect double-digit revenue and earnings growth. The company has also raised its earnings guidance once again.
- While a price rise is still expected, prompting a Buy rating, investors might do well to be realistic in the returns possible until at least 2025 earnings guidance comes in.
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When I last wrote about cruise company Norwegian Cruise Line Holdings (NYSE:NCLH) in September, a 12% price upside was still visible for 2024 and bigger increases for the two years after. Since then, however, the stock is
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