Cruisin' Ahead: The $30 Case for CCL

Ed Butowsky breaks down consumer trends in the cruise line industry. He believes there is still a factor of COVID "Revenge Spend" as travelers pent-up demand leads to spending on experiences. However, he cautions the prices that stack up with excursions and on-board events. For Carnival (CCL), he wants to see continued efforts to show profitability as short interest in the name rises. Ahead of its earnings report, Ed has a target price of $30 on CCL.

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