CCL Stock: New 52-week high today

[guxu]

I believe it is the 104-week high too.:D

[crewsweeper]

Nice. Those who bought around $30 in early 2012 after the Concordia disaster are looking smart. Still a ways away from the January-February 2011 highs.

[winddawn]

I believe it is the 104-week high too.:D

I saw it is up over a dollar today. I guess the street liked what the CEO had to say on CNBC today.

[guxu]

I bought mine three months ago for $32.23.

[Sparky2]

I bought mine March 6, 2009 at $17.06 including commission.

 

That was after the market crashed in 2008. It had been much higher than that during 2008.

Edited January 10, 2014 by Sparky2

[golfadj]

Wonder why it has gone up so much? Didnt think their prospects seem to be so great right now

[gfh77665]

Pretty much all stocks are "near an all time high". The DJIA is at 16400, Nasdaq at 4175, and SP500 at 1840 after all. CCL is below where it was in mid 2010.

[hayesktrm]

Nice. Those who bought around $30 in early 2012 after the Concordia disaster are looking smart. Still a ways away from the January-February 2011 highs.

 

That's me!! Thanks for calling me smart :D.

[cruisinfanatic]

Nice. Those who bought around $30 in early 2012 after the Concordia disaster are looking smart. Still a ways away from the January-February 2011 highs.

How about just getting back to where it was 14 years ago. Not a very good stock as I'm sure CCL cheerleaders were out in force then too.

[bflohr]

What's interesting is that carnival trades at P/E or 29.68. Not a cheep stock, but when you compare it to RCL at 147.86 P/E and NCL at 104.60 P/E ratio. Carnival is way cheaper than RCL and NCL.

 

I believe what this shows is that investors like the cruise business. I believe the reason that carnival does not trade at as high of a P/E is because of it's recent safety issues and that RCL and NCL have invested more in the new mega ships.

 

IMHO: If the safety issues become a thing of the past and carnival invests in infrastructure (new big ships). The stock could go a lot higher.

 

Another variable for the cruise business is with fewer airlines, flight prices are going higher. I don't know if that is a plus or minus for the cruise business. People who can drive to port may cruise more, people that fly to a port may cruise less.

 

If CCL has a pull back in the near future, I'm going to buy a bunch.

[Lineaway]

I bought my shares two months before the Costa sinking. I believe I am in at 37.75. I also bought RCL at 25.25. It was no financial genius on my part I cruise on both companies so I use both shareholders benefits. Might be a time to buy more on any pullback. Between the dividends and the cruise benefit I have come out rather well.

[Spaniel Lover]

I bought 100 shares two years ago at $30.83 per share so that I could start getting the shareholder benefit each time I cruised. In those two years, I have cruised eight times, with the ninth coming up soon. That's $800 in shareholder discounts. During that time, the 100 shares of stock has appreciated by $1,042. So, in two years I've received a total return of $1842 on a $3,083 investment.

 

I remember reading some online message boards about CCL stock just before I bought it. There were all these naysayers talking trash about the Carnival Corporation and saying that it was going to go bankrupt due to the Concordia incident. I thought they were idiots then, and I still do!

Edited January 11, 2014 by Spaniel Lover

[S.S.Oceanlover]

Wonder why it has gone up so much? Didnt think their prospects seem to be so great right now

 

I guess the stock analyst think that with all the cutbacks the profits should go up or it could be the market as a whole is just going up. RCL stock went up $1.45 a share today as well.

 

Bill

Edited January 11, 2014 by S.S.Oceanlover

[erewhon]

Thanks for the information.