Inside Out: Cruises Demand "On Fire"

Schwab Network

Ivan Feinseth has been on board with Carnival (CCL) and the general cruise industry since the pandemic. He adds, "the cruise industry is on fire" as companies upgrade offerings and consumers find better "value for their dollars." He says cruises have a huge opportunity to grow within the broader travel industry's market share. Ivan names Norwegian (NCLH) as his favorite of the cruise stocks as CCL shares rally on a 2Q earnings beat and raised guidance. Tom White illustrates example trades in CCL and Royal Caribbean (RCL).

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