Carnival achieves record sales and strong share growth
-Record revenue: Carnival $CCL recorded $25 billion in revenue in 2024, boosting the stock up 75%.
- Strong Demand: Cruises remain popular, with higher booking rates helping improve financial results and ship occupancy.
- New attractions: The Celebration Key project and positive tourism trends are opening up new growth opportunities.
- Risk Factors: Although the company is in a strong position, potential economic fluctuations may affect future demand.
Carnival $CCL benefits from growing cruise demand and strategic innovation, which puts it in a favorable position for further expansion.
The stock has been rising pretty solidly lately, but I don't quite see why it would be an interesting investment here.