A classic post-COVID value stock, in my opinion.
The company's CEO said last week that he estimates operations could resume by July.
CEO video message: CDC is engaging in a constructive dialogue with the industry; optimistic that that CDC will allow cruise industry to operate under safe guidelines
Swiss bank Credit Suisse is very optimistic about Royal Caribbean stock.
Recommended as a 'buy' by Swiss bank Credit Suisse, the price target increases from $117 to $135. From a technical perspective, in my analysis: Current price: $88.13, first target I set: $117, second target I set: $135, stop loss I set: $78.
Good risk-reward ratio for a long position, in my opinion.
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