Investing

Is Carnival Cruise (CCL) Stock A Buy At $14? Bankruptcy Coming!?

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Is Carnival Cruise (CCL) Stock A Buy At $14? Bankruptcy Coming!? – Review

Carnival Cruise Line stock has been a nasty ride for many investors. Over the last few weeks, it has shown many false bottoms where it appeared to be cheap but kept on falling. Now, we are seeing this stock trading around $14 per share. A lot of people are wondering if this is the bottom, and is this a buying opportunity. I will be sharing my opinion on CCL stock. I will also let you know if I plan on buying this stock in the future.

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26 Comments
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26 Comments

  1. Ryan Scribner
    July 17, 2021 at 4:53 am

    Do you own/plan on buying Carnival Cruise Line (CCL) stock? Comment Below!

  2. Neil Ouellette
    July 17, 2021 at 4:53 am

    Update!! It's 10/17/20 and CCL @14.08.

  3. Pepe
    July 17, 2021 at 4:53 am

    I'll buy it just before the bankrupcy.

  4. Haniel MC
    July 17, 2021 at 4:53 am

    Why would anyone invest in Cruises or Airlines during pandemic???? when you can invest in E-commerce lol. CCL and Airlines are gonna be in so much debt by the end of this year that is gonna take em a whole year to recover.
    we ain't at the bottom yet!!

  5. CC93
    July 17, 2021 at 4:53 am

    At £8 now 👀🗡

  6. Ty Barker
    July 17, 2021 at 4:53 am

    2022 calls (: long term, absolutely, it will do excellent. For now, it might bleed.

  7. ChaoticEvil
    July 17, 2021 at 4:53 am

    Bought in at around $9

  8. Kashif Khan
    July 17, 2021 at 4:53 am

    I am ready for a cruise trip … too much confinement from the last 4months.

  9. Thedoc 88
    July 17, 2021 at 4:53 am

    Once the ports open back up, big upside potential. Plus, if the $4,000 tax credit passes or more stimulus money, people will move on just like we did in 2003 with H1N1, SARS outbreak in Canada, ZIKA virus.

  10. Joanne Lindevald
    July 17, 2021 at 4:53 am

    My husband and I love cruising, my parents loved it too. When my father bought his CCL stock, In those days, if you bought 100 shares, it gave them instant “ elite” status onboard with lots of perks. Now 100 shares gets you a generous amount of onboard credit instead, on every cruise- about $250 per trip. So, when CCL dropped to $8, we decided to buy 100 shares. We had two cruises cancelled due to COVID-19, but we opted for 150% of their value in future cruise credit, which we hear many cruisers did, so I think people will continue to cruise. If we take 4 cruises, the onboard credit has paid for our stock and the stock was over $24 today! We’re keeping it for the long term, hopefully.

  11. Shawn
    July 17, 2021 at 4:53 am

    Right now youd be up about 90% on CCL

  12. Barry Boots
    July 17, 2021 at 4:53 am

    Good stuff! Yes I was lucky enough to buy in the lowest price point. This video makes things really reassuring- thank you!

  13. Ronny Layden
    July 17, 2021 at 4:53 am

    50% less people on a cruise ship at best might be toleratable now and for rest of time.To buy stocks you better really think it over.

  14. Domenico Marti - Stock Market Investing
    July 17, 2021 at 4:53 am

    I definitely believe CCL will make it through this pandemic fine… it definitely hurts that it was one of my largest positions going into it but glad that the rest of my portfolios gains covered the losses

  15. John Bauer
    July 17, 2021 at 4:53 am

    Why do you speak in this shouting manner? How about just have a normal conversation.

  16. future sum
    July 17, 2021 at 4:53 am

    CARNIVAL IS HITTING ALL THE BRANCHES OF THE UGLY TREE

    InvestorPlace Contributor May 26, 2020, 8:36 am EDT

    Carnival is noteable for encouraging 1,500 confirmed COVID-19 passengers to go aboard ships between February and March and having tested postive thereafter for the virus with over 30 deaths

    While that number comes from about 7 of the company’s ships, it is still a significant number that the CDC feels could have been avoided. According to CDC epidemiologist and cruise ship task force leader Cindy Friendman, Carnival had ample warning to cancel sailing and prevent this issue
    s.

    CCL stock looks like it’s on a discount. It’s the people who decide with their wallet what they want to do and it’s not likely they’ll return to the open waters for a non-essential function like going on a Carnival cruise ship hereinafter.

    Reality Works Against CCL Stock

    For those that think this industry offers untapped recovery potential, I would reconsider the thesis. Unlike other disasters that we’ve faced in this country, this is a crisis that has impacted in some significant way every American. Indeed, much of the world has suffered acutely from the pandemic.

    Therefore, the quick recovery narrative that you would find associated with, for instance, tragic accidents isn't the same here. That airplanes crash or that boats sink is an accepted risk that consumers take, particularly because these incidents are rare.

  17. jon schmid
    July 17, 2021 at 4:53 am

    CCL IS A BUY BUY BUY BUY

  18. E I
    July 17, 2021 at 4:53 am

    Without a vaccine, Carnival will go bankrupt. A pandemic always has multiple waves, the second one is usually the worst. CCL will drop to $8.

  19. davewest
    July 17, 2021 at 4:53 am

    It was a buy at 8

  20. Rob Demick
    July 17, 2021 at 4:53 am

    I bought and sold it probably 200 times this month

  21. Rick Massarini
    July 17, 2021 at 4:53 am

    1.5X playback – thank me later

  22. Amir
    July 17, 2021 at 4:53 am

    The tourism industry is the main factor you miss. You never mentioned many cities rely on cruise ships for their revenue. Like Kechikan in Alasak and thousands more industries are linked to cruise business. Uber, airlines, transportation, cities, and many more places benefit from cruise ships. So if there is no cruise business that will impact all those branches.

  23. kevin imp
    July 17, 2021 at 4:53 am

    stay afloat? do you mean literally???? did you also mean a no sale order? instead of buying a lottery ticket you can buy 1 share of this company and have more chances of winning

  24. Canadianloon
    July 17, 2021 at 4:53 am

    Only an idiot would buy stocks with cruise lines becoming extinct like dinosaurs.
    They would make great jail's

  25. Trustee Plugo
    July 17, 2021 at 4:53 am

    Carnival Cruises being on a fast track to sickness or death
    CRITICAL NEWS DATA FOR PUBLIC AWARENESS:

    MESSAGE; Those who don't remember past bad happenings customarily condemned to relive them. Re: Carnival Cruises planned cruise bookings http://www.latimes.com/business/story/2020-05-08/column-coronavirus-cruise-ships – CARNIVAL CRUISE LINE SUED BY PASSENGERS FOR ‘CONCEALING’ CORONAVIRUS INFECTIONS ON BOARD
    https://www.independent.co.uk/travel/news-and-advice/carnival-cruise-line-sued-passengers-lawsuit-coronavirus-costa-luminosa-a9455611.html – Prior to the cruise, customers had been told that there was no cause for concern, and that if they cancelled they would not be entitled to a refund.

    CRIMINAL NEGLIGENCE: When a party acts in such a way that it can be considered an extreme departure from the manner in which a “reasonable” person would have acted in the same or similar situation. In general, an act that rises to the level of criminal negligence showing an indifference or disregard for human life, or for the safety of other individuals. https://www.bloomberg.com/features/2020-carnival-cruise-coronavirus/ CONCLUSION: If we’ve learned nothing else from the coronavirus catastrophe, it’s that cruise ships are a breeding ground for nasty, potentially lethal little germs and that the vessels are perfectly positioned to transport those germs around the world. Moreover, Carnival Cruise Lines has made plain it cares little for customers’ loyalty or for that matter their health and well being (to the matter of life and death itself). Furthermore, denying refunds for cancelled trips and instead offering credit for unscheduled restrictive non-sociable style cruises sometime in the future. Which is to say, a chance to be sickened, or dying at sea. According to the Centers for Disease Control and Prevention, the current coronavirus is highly contagious and more deadly than past norovirus strains and no longer is there a question of safety assurances on any ship. The public’s awakening call to be aware of Carnival cruise ships being on a fast track to sickness or death. Obviously an enormous gamble as soon as you step aboard.

  26. Fernando Resendiz
    July 17, 2021 at 4:53 am

    Do a review for Hertz(HTZ)