As Carnival Stock Tumbles, Wall Street Says Buy Now

Is Carnival (NYSE: CCL)(NYSE: CUK) stock's run finally over? The cruise industry leader has made an incredible comeback after falling off a cliff when the pandemic started. It's back to business and its usual, sales-generating self, with sky-high demand and record operating profits.The stock price has matched its ascent, and Carnival stock is up 270% over the past three years. It has required a good amount of confidence from investors to stay with it over this time, but it's paid off. However, after the most recent earnings results, the stock has started to drop again. Is this a buying opportunity? Wall Street analysts say yes. Are they right?Image source: Carnival.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool