2024-04-22 08:25:00 ET
In the five years leading up to its all-time high in January 2018, Carnival (NYSE: CCL) was a winning investment. Its shares jumped 86% during that time.
It's been a different story since then, though. This cruise stock currently sits 80% below its peak price. That's even after shares soared 76% since the start of 2023 (as of April 18).
Does this setup on the dip make Carnival a once-in-a-generation investment opportunity? Here's what investors need to know.
For further details see:
Down 80%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity?