Long Position on CCL @ $27.50 on 6/21/2021 (Fundamentals)

Carnival Corporation & plc (CCL) operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names.

The company also provides port destinations and other services, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

It sells its cruises primarily through travel agents and tour operators.

The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. It operates 87 ships with 223,000 lower berths.

Please note this stock is reporting earnings on Thursday, June 24.

This stock should see a positive earnings report as cruises have begun to set sail again. The stock is up 30% for the year and should be seeing an increase in share prices as it heads higher.

Entry Point: $27.50

Stop Loss: $26.15

Trading Range: $12.11 - $31.52

Target Price: $30.25

Position closed on 12/2/2021 at price of $26.00 with a -5.45% loss in 164 days.

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