Royal Caribbean Cruises Stock – Should you buy or say goodbye In 2020? [Video]

Kiana Danial, CFP Invest Diva

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

Author

Kiana Danial, CFP

Invest Diva

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert.

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