Is Royal Caribbean a Bear Market Buy? 3 Red Flags.
Down 24.5% year to date, Royal Caribbean (NYSE: RCL) hasn't escaped the impact of the 2022 bear market -- a cocktail of high inflation and rising interest rates that's battering the stock market in the wake of the COVID-19 pandemic. Let's discuss three reasons achieving Royal Caribbean's ambitious goal will be easier said than done. While Royal Caribbean is bouncing back from the worst of the coronavirus pandemic, there is still work to be done.