Royal Caribbean Cruises Stock – Should you buy or say goodbye In 2020? [Video]
|Royal Caribbean Cruises Stock (RCL) Analysis
I share my investment strategy and stock analysis for 2020 in this video. I also take a look at technical analysis and potential future prices.
Before investing, ask yourself this question:
Once COVID-19 is gone, will you consider going on a cruise again?
In 1 year? in 2 years?
Will you be scared of being trapped on a cruise with a new virus?
Unless cruise lines come up with a strategy to fight with breakouts, many people may not feel comfortable with the idea.
Positives:
1- EXTREMELY low stock price and could go even lower
2- pays a good dividend (11% yield) (but may need to slash it like GE)
If you still want to buy, here are some BL ideas:
20.06, 12.50, 5.68
For more from Invest Diva, click here
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.