Reported 2 days ago
Norwegian Cruise Line Holdings Ltd. (NCLH) is highlighted as one of billionaire David E. Shaw’s top small-cap stock picks, despite facing challenges such as declining cruise demand and a 35% year-to-date stock drop. Shaw’s hedge fund has a significant equity stake in NCLH, amounting to $115.57 million, and the stock is considered to have a notable upside potential of 40.17%. While the company is prioritizing strong pricing strategies and enhancing cost-saving measures amid economic uncertainty, it has received cautious ratings from analysts due to softer demand in the travel sector.
Source: YAHOO