3 Cruise Stocks to Buy Right Now

These stocks are "on sale" [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Cruise stocks are on sale. With the recent pullback in the overall market, some of the top cruise stocks like Royal Caribbean pulled back. However, after catching strong support, most are ready to pivot higher. We also have to consider that cruise demand has been growing explosively. In fact, cruise demand reached 107% of 2019 levels in 2023, with 31.7 million passengers sailing. By 2027, that number is expected to sail to about 40 million. By 2028, according to Reuters, the global industry expects to carry 10% more passengers than the 31.7 million who took cruise holidays in 2023. With growth showing no signs of slowing, investors should look at every dip as an opportunity. --------------------------------------------------------------- Company: Royal Caribbean (SYM: RCL) After testing a high of $170, RCL slipped to about $154, where it caught strong support at its 50-day moving average. Helping, the company just posted strong earnings, and raised its outlook for 2024 earnings, and just reinstated its dividend. In its first quarter, the company posted adjusted EPS of $3.21 on revenue of $4.1 billion, as compared to estimates for EPDS of $2.76 on revenue of $4 billion. It also now expects 2024 adjusted earnings to be in the range of $11.35 to $11.45 a share, compared with an earlier call for $10.70 to $10.90 a share. --------------------------------------------------------------- Monument Traders Alliance [Wall Street's Worst Nightmare: Small Town Trader's AI Edge]( [guy]( Nearly 1,000 miles from Wall Street, one small town man's AI is now finding lucrative trades that have outperformed the market by 1,700% to start the year... And now he's revealing his #1 trade for Monday, July 29th. [See the AI advantage for everyday Americans.]( --------------------------------------------------------------- Company: Carnival (SYM: CCL) Carnival also pulled back, catching support at its 50-day moving average. Earnings were strong here, too. Its second quarter earnings per share of 11 cents beat by 13 cents. Revenue of $5.78 billion (up 17.7% year over year) beat by $90 million. Total customer deposits jumped to an all-time high of $8.3 billion, passing its previous record of $7.2 billion in May 2023. Moving forward, it expects 2024 adjusted profit per share of about $1.18, compared with its earlier forecast of 98 cents. It also forecast an adjusted profit of $1.15 per share for the third quarter. Analysts had expected a profit of $1.10. --------------------------------------------------------------- Gulfport Analytics [AI Bubble Set to Pop on August 1st?]( Are AI stocks in a massive bubble that's ready to pop? Will this AI boom end in tears, just like the dot-com bust in 2000? Should you buy AI stocks like Nvidia... Or is it too late? [Click here to see the answers from the legendary trader who predicted the rise of AI stocks five years ago.]( --------------------------------------------------------------- Company: Norwegian Cruise Line (SYM: NCLH) Another one of the top cruise stocks to buy is Norwegian Cruise Line. Its cruise bookings are at record levels $3.8 billion and exceeds its pre-pandemic booking record. In addition, there’s been so much demand, NCLH ticket sales are up 13% year over year. Plus, analysts at Truist just upgraded NCLH to a buy rating with a price target of $21. The firm noted it’s “time to get back onboard NCLH” and that there is still plenty of “attractive upside potential” with the stock. Deutsche Bank, JPMorgan, Wells Fargo, Stifel, Goldman Sachs, UBS and Citi raised their price targets on NCLH, too. --------------------------------------------------------------- Stansberry Research [WARNING: Read This Before the Next Fed Meeting](Investors are looking to the Fed with high hopes for interest rate relief. Unfortunately, many have no idea there's another major story unfolding right now, one that could be worth $40 trillion. [This Wall Street millionaire just stepped forward with all the details, and how it could make some folks rich.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own any shares of cruise or other travel-related stocks? Do you have your eye on any other under-the-radar travel/leisure stocks we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â