Carnival or Norwegian: Truist Chooses the Superior Cruise Stock to Buy
A lot of attention has been focused on the recent election, but some of the more mundane market trends are still in play. Among these is the seasonal vacation season, now getting into full swing.
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Cruise stocks, in particular, have been charting an impressive course, and Truist analyst Patrick Scholes has taken notice.
“Given the impressive performance of the cruise stocks over the past three months, compared to the S&P 500, we go into our conversations and ‘big data’ analysis with the mindset of trying to find something concerning that could derail the party,” Scholes noted. “If there is one concern for the stocks in the near-term it is possible the cruise companies may…
