Then Disney Cruise Line announced that the maiden voyage of one of its new ships will be delayed until July 14. This sounds like bad news, right? But have no doubt, cruisers are back! Cruise lines' fundamentals are horrible, with debt out the ying-yang, but investors don't care. Once they see the weather warming and COVID-19 cases dropping, they'll jump right back into this sector. You should beat them to it while this stream of bad news is coming out and the market is getting hammered. YOUR ACTION PLANPeople love vacations, and they are tired of being cooped up. On top of that, cruise lines are offering great deals to induce people to get out of the house. The two I would focus on are Royal Caribbean Cruises (NYSE: RCL) and Carnival Corp. (NYSE: CCL) - two pure plays for the industry. If you like picks like these, it's time to level up and join Trade of the Day Plus. Our unique portfolio strategy and killer picks have us guaranteeing an insane 83% win rate this year. Upgrade your subscription now to take advantage! |
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