Reported 3 months ago
Carnival stock has surged 115% in 2023, yet remains 75% below its 2018 peak. Despite strong recent earnings and record revenues, concerns about its $29 billion debt and low return on invested capital raise flags. The stock's historical performance lags significantly behind the S&P 500, leading to caution about its long-term potential. Analysts suggest looking elsewhere for high-quality investments.
Source: YAHOO