Carnival Cruise Line stock

[coevan]

1 hour ago, N7786W Flyer said:

Yep, down almost 3.25% today.  Good time to buy if you're so inclined.

 

Garnett

 

 

I would be cautious in buying anything in this economical climate

[ALWAYS CRUZIN]

Just now, coevan said:

 

 

I would be cautious in buying anything in this economical climate

Only if Carnival goes under. I doubt that. 

[coevan]

Obviously either you are not paying attention or you or not an investor. This market can get bad in a hurry, think 2008. Carnival is not recession proof.

[ed01106]

2 minutes ago, coevan said:

Obviously either you are not paying attention or you or not an investor. This market can get bad in a hurry, think 2008. Carnival is not recession proof.

Carnival like all tourism business are hypersensitive to a recession.  In a bad economy people are still buying what general mills sells...not necessarily what carnival sells.

[ALWAYS CRUZIN]

4 minutes ago, ed01106 said:

Carnival like all tourism business are hypersensitive to a recession.  In a bad economy people are still buying what general mills sells...not necessarily what carnival sells.

In any economy. If you want to take a vacation what is the least expensive? A cruise. I doubt very much that the cruise lines will suffer at all. Right now they are most all full booked and the stocks are down.

[ed01106]

4 minutes ago, twodaywonder said:

In any economy. If you want to take a vacation what is the least expensive? A cruise. I doubt very much that the cruise lines will suffer at all. Right now they are most all full booked and the stocks are down.

Hardly.  There are plenty of less expensive options.  Day trips, camping, visiting family and friends.  Cruises once you add in flights, drinks, shore excursion, etc is pretty pricey. 

 

My low cost option is a standing invitation from DW brother and his wife to visit their lake house.  They won't take money from us, so our only cost is a half a tank of gas and groceries and beer.  

[ALWAYS CRUZIN]

Those are not apples for apples and you know it. A day trip. Please. The question here is stocks, not where you can go for less money. 

[bamaone]

It's not the greatest deal but it's not bad either. At $45 a share you get a 1% return in on board credit (1 - 7 day trip) plus 4.5% dividend annually. If you cruise more often you can add 1% per cruise. Now keep in mind you have to spend that 1% with Carnival but odds are you'll probably spend way more than that anyway while on board.  At the current stock price you have think it will increase in the future and you're getting 5.5% return at this time. That's as good as common utility stocks are paying today. The past 5 year average shows Carnival and utility stocks are pretty close in price changes. The down side is CCL dividends (4.5%) may take a turn down if the market dips. Luxury and service type stocks usually do. Over all I think I'm making the purchase tomorrow and will enjoy my on board credit while I go for the long term investment. Of course every time I say long term I wind up selling after I see a 20-25% price increase. There's also the elections that could come into play if the "green new deal" was to force Carnival out of the fossil fuel usage. But if that were to some how occur the entire US economy and every working human would be completely bankrupt. 

[Retired_to_Cruise]

On 7/22/2019 at 10:58 AM, Joe817 said:

Thanks! I've been looking for that. Since the minimum buy in to receive the stockholder benefit is 100 shares, does buying 200 shares double that benefit? ie: if holding 100 shares get you $50 obc for a 5 day cruise, does holding 200 shares double the obc to $100?

No!

[ed01106]

12 minutes ago, twodaywonder said:

Those are not apples for apples and you know it. A day trip. Please. The question here is stocks, not where you can go for less money. 

In an economic downturn, travel, tourism and entertainment are affected more severely than other areas of the economy.  If you get laid off from work you are still going to buy groceries, but you are likely to cut out travel.

[ALWAYS CRUZIN]

3 minutes ago, ed01106 said:

In an economic downturn, travel, tourism and entertainment are affected more severely than other areas of the economy.  If you get laid off from work you are still going to buy groceries, but you are likely to cut out travel.

Is the economy up or down now? No matter it is a very good investment. Personally for me. $50 or $100 or $250 depending on the cruise and we do cruise a lot and enjoy the OBC often. I could care less if the stocks are up or down till I am ready to sell. That may be a long time from now. I have never lost money on cruise line stocks. So you can do what ever floats your boat/ Pun intended. As for when times are tough. You stay home. 

[Retired_to_Cruise]

Just now, bamaone said:

It's not the greatest deal but it's not bad either. At $45 a share you get a 1% return in on board credit (1 - 7 day trip) plus 4.5% dividend annually. If you cruise more often you can add 1% per cruise. Now keep in mind you have to spend that 1% with Carnival but odds are you'll probably spend way more than that anyway while on board.  At the current stock price you have think it will increase in the future and you're getting 5.5% return at this time. That's as good as common utility stocks are paying today. The past 5 year average shows Carnival and utility stocks are pretty close in price changes. The down side is CCL dividends (4.5%) may take a turn down if the market dips. Luxury and service type stocks usually do. Over all I think I'm making the purchase tomorrow and will enjoy my on board credit while I go for the long term investment. Of course every time I say long term I wind up selling after I see a 20-25% price increase. There's also the elections that could come into play if the "green new deal" was to force Carnival out of the fossil fuel usage. But if that were to some how occur the entire US economy and every working human would be completely bankrupt. 

Buy the stock in your 401K account & it & your dividends remain tax free until you sell it. And there are no taxes on your stockholder OBC as well. Always sail 7 day cruises, or do like we do and sail on 2 B2B cruises a year which gives you $400.00. You do not have to spend it with Carnival. Go to the Casino and draw it out of your S&S account to your S&S card. Take your S&S card to the Casino cage and cash it out. Voila, you have $100 free dollars in your pocket to spend any place. Or leave it in your S&S account and use it to pay some of your gratuities.

[ALWAYS CRUZIN]

9 minutes ago, Retired_to_Cruise said:

No!

You will get more in the dividend.

[PhillyFan33579]

55 minutes ago, twodaywonder said:

In any economy. If you want to take a vacation what is the least expensive? A cruise. I doubt very much that the cruise lines will suffer at all. Right now they are most all full booked and the stocks are down.

 

I assume you are kidding saying a cruise is the least expensive vacation. And you are not being very realistic if you think the cruise industry is recession proof. You sound like people who told me real estate is a great investment because houses never go down in value. 

[bamaone]

6 minutes ago, Retired_to_Cruise said:

Buy the stock in your 401K account & it & your dividends remain tax free until you sell it. And there are no taxes on your stockholder OBC as well. Always sail 7 day cruises, or do like we do and sail on 2 B2B cruises a year which gives you $400.00. You do not have to spend it with Carnival. Go to the Casino and draw it out of your S&S account to your S&S card. Take your S&S card to the Casino cage and cash it out. Voila, you have $100 free dollars in your pocket to spend any place. Or leave it in your S&S account and use it to pay some of your gratuities.

Just put in the order with a $44 limit from my 401K. I know I'm a bottom feeder trying to get the lowest buy price but I'll watch the prices and adjust up if necessary. Good ideal on the Casino cash out!   

[ed01106]

8 minutes ago, twodaywonder said:

Is the economy up or down now? No matter it is a very good investment. Personally for me. $50 or $100 or $250 depending on the cruise and we do cruise a lot and enjoy the OBC often. I could care less if the stocks are up or down till I am ready to sell. That may be a long time from now. I have never lost money on cruise line stocks. So you can do what ever floats your boat/ Pun intended. As for when times are tough. You stay home. 

I do think the 100 shares for the OBC is a good idea.  I disagree with the idea with buying more than 100 based solely on its dividend and being a can’t lose stock.  

[ALWAYS CRUZIN]

Just now, PhillyFan33579 said:

 

I assume you are kidding saying a cruise is the least expensive vacation. And you are not being very realistic if you think the cruise industry is recession proof. You sound like people who told me real estate is a great investment because houses never go down in value. 

No I am not kidding. Compare a Disney land 5 day to a 5 day Carnival cruise, lowest cost inside cabin. $60.00 a day per person. Including tax and port charges.The Disneyland will be at lest twice the cost of a cruise. I never said it is recession prof either. I purchased cruise line stock when it was low, currently they are lower than what I paid. So what? I have done extremely well. You can go from one extreme to another. What about all the Georgia and Florida cruisers that do not have any reason to fly or stay in a hotel. Tell them it costs more to cruise of which I am one. Even if you do not have to fly. The cost of a nice hotel per day, food three times a day for everyone, shows charge per person, theme park per person. So now what do you do for 5 days? Go somewhere else. Pack and unpack. How many times. Let's say you fly to Orlando for Disney or any other theme park. Rent a car or uber?. There is no need to purchase any excursion at all on any cruise. Comparing what a cruise offers for the cost is far less that finding the same on land.

[ALWAYS CRUZIN]

5 minutes ago, ed01106 said:

I do think the 100 shares for the OBC is a good idea.  I disagree with the idea with buying more than 100 based solely on its dividend and being a can’t lose stock.  

I never dais that. Why are you quoting me? I only replied to a question if the person purchased another 100 shares. Nothing else. I never said it was a good idea.

[ALWAYS CRUZIN]

7 minutes ago, bamaone said:

Just put in the order with a $44 limit from my 401K. I know I'm a bottom feeder trying to get the lowest buy price but I'll watch the prices and adjust up if necessary. Good ideal on the Casino cash out!   

All of my cruise line stock was purchased with my Roth IRA. So happy I did.

[ed01106]

14 minutes ago, twodaywonder said:

No I am not kidding. Compare a Disney land 5 day to a 5 day Carnival cruise, lowest cost inside cabin. $60.00 a day per person. Including tax and port charges.The Disneyland will be at lest twice the cost of a cruise. I never said it is recession prof either. I purchased cruise line stock when it was low, currently they are lower than what I paid. So what? I have done extremely well. You can go from one extreme to another. What about all the Georgia and Florida cruisers that do not have any reason to fly or stay in a hotel. Tell them it costs more to cruise of which I am one. Even if you do not have to fly. The cost of a nice hotel per day, food three times a day for everyone, shows charge per person, theme park per person. So now what do you do for 5 days? Go somewhere else. Pack and unpack. How many times. Let's say you fly to Orlando for Disney or any other theme park. Rent a car or uber?. There is no need to purchase any excursion at all on any cruise. Comparing what a cruise offers for the cost is far less that finding the same on land.

Cruises are less expensive than Disney World.  But Disney is super expensive.  Anyone who thinks that a cruise line stock is a defensive stock knows absolutely nothing about stocks.  

[PhillyFan33579]

11 minutes ago, twodaywonder said:

No I am not kidding. Compare a Disney land 5 day to a 5 day Carnival cruise, lowest cost inside cabin. $60.00 a day per person. Including tax and port charges.The Disneyland will be at lest twice the cost of a cruise. I never said it is recession prof either. I purchased cruise line stock when it was low, currently they are lower than what I paid. So what? I have done extremely well. You can go from one extreme to another. What about all the Georgia and Florida cruisers that do not have any reason to fly or stay in a hotel. Tell them it costs more to cruise of which I am one. Even if you do not have to fly. The cost of a nice hotel per day, food three times a day for everyone, shows charge per person, theme park per person. So now what do you do for 5 days? Go somewhere else. Pack and unpack. How many times. Let's say you fly to Orlando for Disney or any other theme park. Rent a car or uber?. There is no need to purchase any excursion at all on any cruise. Comparing what a cruise offers for the cost is far less that finding the same on land.

 

You can compare any vacation to a Disney vacation and odds are really good Disney is going to be more expensive.  I have been to several all inclusive resorts in the Caribbean that were significantly cheaper than 7-8 day cruises I have been on. I have also rented houses at a beach for a week that were cheaper than any week long cruise I have been on. I am not disagreeing with your point that cruises are a good value for what they offer, especially if you limit yourself to a low cost cruise line like Carnival, but to say cruises are the most inexpensive vacation available isn’t close to true based on my experience. 

[ALWAYS CRUZIN]

1 minute ago, ed01106 said:

Cruises are less expensive than Disney World.  But Disney is super expensive.  Anyone who thinks that a cruise line stock is a defensive stock knows absolutely nothing about stocks.  

I said any theme park also. Get it right. I also never said it was a defensive stock either. So as I DID say, you do what ever you want. I will do what ever I want and so will others. It is a great asset for me. If not for you. Do not buy it. How simple can that be.

[ALWAYS CRUZIN]

2 minutes ago, PhillyFan33579 said:

 

You can compare any vacation to a Disney vacation and odds are really good Disney is going to be more expensive.  I have been to several all inclusive resorts in the Caribbean that were significantly cheaper than 7-8 day cruises I have been on. I have also rented houses at a beach for a week that were cheaper than any week long cruise I have been on. I am not disagreeing with your point that cruises are a good value for what they offer, especially if you limit yourself to a low cost cruise line like Carnival, but to say cruises are the most inexpensive vacation available isn’t close to true based on my experience. 

You are also miss quoting me. I also said any other theme parks. As for your all inclusive resorts. Yes. many cruises are a lot more expensive but offer a lot more than sitting on one beach all week. Even a n inexpensive cruise offers more.

[ed01106]

2 minutes ago, twodaywonder said:

I said any theme park also. Get it right. I also never said it was a defensive stock either. So as I DID say, you do what ever you want. I will do what ever I want and so will others. It is a great asset for me. If not for you. Do not buy it. How simple can that be.

Yes, you did claim it was defensive stock.  

 

Do you know what a defensive stock is? Probably not.  A defensive stock is a stock that is less sensitive to an economic downturn than then the market as a whole, examples would include utilities. Cruise line stocks are cyclical stocks, meaning they are more sensitive.  

[ALWAYS CRUZIN]

2 minutes ago, ed01106 said:

Yes, you did claim it was defensive stock.  

 

Do you know what a defensive stock is? Probably not.  A defensive stock is a stock that is less sensitive to an economic downturn than then the market as a whole, examples would include utilities. Cruise line stocks are cyclical stocks, meaning they are more sensitive.  

Wow, so smart.