CCL is a cruise company that was hurt greatly by the pandemic and is yet to recover. It has questionable financials but after watching it for a few weeks now I have seen it enter into a nice uptrend with about a 20% difference. I set a pretty tight stop loss of 19 and a reasonable price target of 25.
NEGATIVE PRESS:
“While the year ahead looks promising, Carnival continues to be a leaky boat that is taking on water in the form of debt. A lot has to go right for Carnival to get its operations back on track and improve its finances. Until its revenues meaningfully recover, it pays down some of its huge debt load, and buys back some of its own stock, the company’s share price will likely remain depressed and could fall further. For these reasons, investors should not set sail with Carnival just yet. Wait for smoother seas. CCL stock is not a buy.” -Yahoo Finance
Yahoo finance has no idea what they're talking about. 30 billion dollars of debt? Nothing. -500% profit margin? That's perfect. -8.44 earnings per share? Sounds wonderful.