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4 Big Reasons to Be Bullish on Carnival Stock

Micah Angel, The Motley Fool
·3-min read
4 Big Reasons to Be Bullish on Carnival Stock

Despite clear signs of recovery from Carnival Corporation (NYSE: CCL)(NYSE: CUK), the cruise line stock is still down 87% from its 2018 all-time high on investor concerns about the travel industry and the economy. Here are my top four reasons to be bullish on Carnival stock today. For Carnival's fiscal Q1, which ended on Feb. 28, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) exceeded company expectations, hitting $382 million.

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