The average brokerage recommendation (ABR) for Carnival (CCL) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Here is how Carnival (CCL) and Norwegian Cruise Line (NCLH) have performed compared to their sector so far this year.
The company benefits from strong demand for cruises, but does that mean investors should buy?