I took a position in CCL early last month and am a little perplexed by the current valuation. Carnival beat earnings on March 22, but the entire market tanked that day and CCL wasn’t far behind. Then the company reported a dividend hike and an expansion of buying back shares two days ago but the downtrend continues. Now it’s sitting at below 63 with a very honest PE and solid financials. Would greatly appreciate a view of this stock from another perspective, or any tips/comments you may have. Thank you!
Submitted April 14, 2018 at 02:39PM by New_Age_Caesar https://ift.tt/2HzRx1U
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