Last Updated on August 31, 2020 by Henry John
Now is the right time to buy back into cruise line stocks as the world of travel prepares to return back to normal. Like Airline stocks and other stocks in the travel industry, the pandemic has caused the cruise line business to collapse and led to cruise line stock prices crashing way down.
The strategy behind plays like this is quite easy to grasp and can potentially bring huge short term returns.
If you buy cruise line stocks right before the business of travel opens back up, you’d be well-positioned to profit from the natural stock rally. Hence, buying at the ‘right time’ is key.
Moreover, the cruise line industry is notoriuosly known for having the capacity to bounce back from unfortunate events hisotrically.
Here are four top cruise line stocks to consider buying before the business of travel opens up in fulll force:
1. Lindblad Expeditions Holdings, Inc. (LIND)
Lindblad Expeditions Holdings, Inc. provides expedition cruising and adventure travel experiences.
It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.
The company has a strategic alliance with the National Geographic Society.
Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.
2. Carnival Corporation & Plc (CCL)
Carnival Corporation & Plc operates as a leisure travel company.
The company’s ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names.
It also provides vacations to various cruise destinations, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.
The company sells its cruises primarily through travel agents and tour operators.
It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally.
As of January 28, 2020, the company operated 105 ships with 254,000 lower berths.
Carnival Corporation & Plc was incorporated in 1972 and is headquartered in Miami, Florida.
3. Royal Caribbean Group (RCL)
Royal Caribbean Cruises Ltd. operates as a cruise company.
The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, and Silversea Cruises brands.
The Royal Caribbean International brand provides itineraries to destinations worldwide, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, and New Zealand with cruise lengths that range from 2 to 19 nights.
The Celebrity Cruises brand offers itineraries to destinations, such as Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, the Galapagos Islands, Hawaii, India, New Zealand, the Panama Canal, and South America with cruise lengths ranging from 2 to 19 nights.
The Azamara Club Cruises brand offers cruise itineraries to destinations, including Asia, Australia/New Zealand, Northern and Western Europe, the Mediterranean, Cuba, and South America with cruise lengths ranging from 3 to 26 nights.
The Silversea Cruises brand provides itineraries to destinations, including the Galapagos Islands, Antarctica, and the Arctic with cruise lengths ranging from 6 to 25 nights.
As of December 31, 2019, the company operated 61 ships and had 17 ships on order.
Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
4. Norwegian Cruise Line Holdings Ltd. (NCLH)
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and internationally.
The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands.
It offers cruise itineraries ranging from a few days to 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, India and the rest of Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, South America, the Panama Canal, the Caribbean, and Harvest Caye.
As of February 20, 2020, the company had 28 ships with approximately 59,150 berths.
It distributes its products through retail/travel advisor, international travel advisor, and onboard cruise sales channels, as well as meetings, incentives, and charters.
The company was founded in 1966 and is headquartered in Miami, Florida.