Investing

Is Carnival Cruise (CCL) Stock A Buy At $14? Bankruptcy Coming!?

is-carnival-cruise-ccl-stock-a-buy-at-14-bankruptcy-coming



Carnival Cruise Line stock has been a nasty ride for many investors. Over the last few weeks, it has shown many false bottoms where it appeared to be cheap but kept on falling. Now, we are seeing this stock trading around $14 per share. A lot of people are wondering if this is the bottom, and is this a buying opportunity. I will be sharing my opinion on CCL stock. I will also let you know if I plan on buying this stock in the future.

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37 Comments
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37 Comments

  1. Ryan Scribner
    July 15, 2021 at 10:59 pm

    Do you own/plan on buying Carnival Cruise Line (CCL) stock? Comment Below!

  2. Neil Ouellette
    July 15, 2021 at 10:59 pm

    Update!! It's 10/17/20 and CCL @14.08.

  3. Pepe
    July 15, 2021 at 10:59 pm

    I'll buy it just before the bankrupcy.

  4. Haniel MC
    July 15, 2021 at 10:59 pm

    Why would anyone invest in Cruises or Airlines during pandemic???? when you can invest in E-commerce lol. CCL and Airlines are gonna be in so much debt by the end of this year that is gonna take em a whole year to recover.
    we ain't at the bottom yet!!

  5. CC93
    July 15, 2021 at 10:59 pm

    At £8 now 👀🗡

  6. Ty Barker
    July 15, 2021 at 10:59 pm

    2022 calls (: long term, absolutely, it will do excellent. For now, it might bleed.

  7. ChaoticEvil
    July 15, 2021 at 10:59 pm

    Bought in at around $9

  8. Kashif Khan
    July 15, 2021 at 10:59 pm

    I am ready for a cruise trip … too much confinement from the last 4months.

  9. Thedoc 88
    July 15, 2021 at 10:59 pm

    Once the ports open back up, big upside potential. Plus, if the $4,000 tax credit passes or more stimulus money, people will move on just like we did in 2003 with H1N1, SARS outbreak in Canada, ZIKA virus.

  10. Joanne Lindevald
    July 15, 2021 at 10:59 pm

    My husband and I love cruising, my parents loved it too. When my father bought his CCL stock, In those days, if you bought 100 shares, it gave them instant “ elite” status onboard with lots of perks. Now 100 shares gets you a generous amount of onboard credit instead, on every cruise- about $250 per trip. So, when CCL dropped to $8, we decided to buy 100 shares. We had two cruises cancelled due to COVID-19, but we opted for 150% of their value in future cruise credit, which we hear many cruisers did, so I think people will continue to cruise. If we take 4 cruises, the onboard credit has paid for our stock and the stock was over $24 today! We’re keeping it for the long term, hopefully.

  11. Shawn
    July 15, 2021 at 10:59 pm

    Right now youd be up about 90% on CCL

  12. Barry Boots
    July 15, 2021 at 10:59 pm

    Good stuff! Yes I was lucky enough to buy in the lowest price point. This video makes things really reassuring- thank you!

  13. Ronny Layden
    July 15, 2021 at 10:59 pm

    50% less people on a cruise ship at best might be toleratable now and for rest of time.To buy stocks you better really think it over.

  14. Domenico Marti - Stock Market Investing
    July 15, 2021 at 10:59 pm

    I definitely believe CCL will make it through this pandemic fine… it definitely hurts that it was one of my largest positions going into it but glad that the rest of my portfolios gains covered the losses

  15. John Bauer
    July 15, 2021 at 10:59 pm

    Why do you speak in this shouting manner? How about just have a normal conversation.

  16. future sum
    July 15, 2021 at 10:59 pm

    CARNIVAL IS HITTING ALL THE BRANCHES OF THE UGLY TREE

    InvestorPlace Contributor May 26, 2020, 8:36 am EDT

    Carnival is noteable for encouraging 1,500 confirmed COVID-19 passengers to go aboard ships between February and March and having tested postive thereafter for the virus with over 30 deaths

    While that number comes from about 7 of the company’s ships, it is still a significant number that the CDC feels could have been avoided. According to CDC epidemiologist and cruise ship task force leader Cindy Friendman, Carnival had ample warning to cancel sailing and prevent this issue
    s.

    CCL stock looks like it’s on a discount. It’s the people who decide with their wallet what they want to do and it’s not likely they’ll return to the open waters for a non-essential function like going on a Carnival cruise ship hereinafter.

    Reality Works Against CCL Stock

    For those that think this industry offers untapped recovery potential, I would reconsider the thesis. Unlike other disasters that we’ve faced in this country, this is a crisis that has impacted in some significant way every American. Indeed, much of the world has suffered acutely from the pandemic.

    Therefore, the quick recovery narrative that you would find associated with, for instance, tragic accidents isn't the same here. That airplanes crash or that boats sink is an accepted risk that consumers take, particularly because these incidents are rare.

  17. jon schmid
    July 15, 2021 at 10:59 pm

    CCL IS A BUY BUY BUY BUY

  18. E I
    July 15, 2021 at 10:59 pm

    Without a vaccine, Carnival will go bankrupt. A pandemic always has multiple waves, the second one is usually the worst. CCL will drop to $8.

  19. davewest
    July 15, 2021 at 10:59 pm

    It was a buy at 8

  20. Rob Demick
    July 15, 2021 at 10:59 pm

    I bought and sold it probably 200 times this month

  21. Rick Massarini
    July 15, 2021 at 10:59 pm

    1.5X playback – thank me later

  22. Amir
    July 15, 2021 at 10:59 pm

    The tourism industry is the main factor you miss. You never mentioned many cities rely on cruise ships for their revenue. Like Kechikan in Alasak and thousands more industries are linked to cruise business. Uber, airlines, transportation, cities, and many more places benefit from cruise ships. So if there is no cruise business that will impact all those branches.

  23. kevin imp
    July 15, 2021 at 10:59 pm

    stay afloat? do you mean literally???? did you also mean a no sale order? instead of buying a lottery ticket you can buy 1 share of this company and have more chances of winning

  24. Canadianloon
    July 15, 2021 at 10:59 pm

    Only an idiot would buy stocks with cruise lines becoming extinct like dinosaurs.
    They would make great jail's

  25. Trustee Plugo
    July 15, 2021 at 10:59 pm

    Carnival Cruises being on a fast track to sickness or death
    CRITICAL NEWS DATA FOR PUBLIC AWARENESS:

    MESSAGE; Those who don't remember past bad happenings customarily condemned to relive them. Re: Carnival Cruises planned cruise bookings http://www.latimes.com/business/story/2020-05-08/column-coronavirus-cruise-ships – CARNIVAL CRUISE LINE SUED BY PASSENGERS FOR ‘CONCEALING’ CORONAVIRUS INFECTIONS ON BOARD
    https://www.independent.co.uk/travel/news-and-advice/carnival-cruise-line-sued-passengers-lawsuit-coronavirus-costa-luminosa-a9455611.html – Prior to the cruise, customers had been told that there was no cause for concern, and that if they cancelled they would not be entitled to a refund.

    CRIMINAL NEGLIGENCE: When a party acts in such a way that it can be considered an extreme departure from the manner in which a “reasonable” person would have acted in the same or similar situation. In general, an act that rises to the level of criminal negligence showing an indifference or disregard for human life, or for the safety of other individuals. https://www.bloomberg.com/features/2020-carnival-cruise-coronavirus/ CONCLUSION: If we’ve learned nothing else from the coronavirus catastrophe, it’s that cruise ships are a breeding ground for nasty, potentially lethal little germs and that the vessels are perfectly positioned to transport those germs around the world. Moreover, Carnival Cruise Lines has made plain it cares little for customers’ loyalty or for that matter their health and well being (to the matter of life and death itself). Furthermore, denying refunds for cancelled trips and instead offering credit for unscheduled restrictive non-sociable style cruises sometime in the future. Which is to say, a chance to be sickened, or dying at sea. According to the Centers for Disease Control and Prevention, the current coronavirus is highly contagious and more deadly than past norovirus strains and no longer is there a question of safety assurances on any ship. The public’s awakening call to be aware of Carnival cruise ships being on a fast track to sickness or death. Obviously an enormous gamble as soon as you step aboard.

  26. Fernando Resendiz
    July 15, 2021 at 10:59 pm

    Do a review for Hertz(HTZ)

  27. IntermediateGamer
    July 15, 2021 at 10:59 pm

    Bought 10 shares each of all three cruise lines. Gonna keep slowly buying them every month.

  28. Tyler Johnson
    July 15, 2021 at 10:59 pm

    Anyone know why all three cruise stocks peaked on 4/29? Then started dropping

  29. tubarao1143
    July 15, 2021 at 10:59 pm

    No, we never had a pandemic closing the economy. These are uncharted waters. No one will get in a cruise over the following year(at least someone who is rational). If theres a infection inside the boat, you might get locked inside for weeks. Ppl will spend money in necessary stuff and not luxury over the following year. The companies that survive the cashburn will be great investment, but which ones will survive? The same for airlines, some will fail. The sector will recover, but the playes might change. This is like a mass extinction: the empty niches will be occupied by the survivors.

  30. Kamelhaj
    July 15, 2021 at 10:59 pm

    I'd say, if it dips below $12, its a definite buy!

  31. Aman Lalka
    July 15, 2021 at 10:59 pm

    So little financial information in such a long video. And on top of that, he got Carnival’s cash burn wrong and just talked under the assumption that US Laws dictate 100% of Carnival’s cruise activity. As someone who analyzes balance sheets and income statements, I came to YouTube to find different perspectives. I feel like I lost brain cells watching you summarize over moot details. People who don’t know better will gravitate towards your “analysis”. So many damn retail traders with very little information. Don’t invest in a business you don’t understand. Don’t invest in a business with financials you don’t understand. And most importantly, don’t invest in a business that this dude mentions regardless of whether he has a position or not.

  32. Adi Adindas
    July 15, 2021 at 10:59 pm

    If you are living in the UK whihc one you buy Carnival Corp (NYSE) or Carnival Olc (LSE) both have ticker code of CCL ??

  33. Ryan_Za
    July 15, 2021 at 10:59 pm

    Stopped watching @ 1:41 to comment this: I extremely disagree with the Falling Knife. This is volatility! Look guys, if the ATH was 60 dollars, where do we think its going to go? Up or down? Well, CCL took on 6.5 billion in debt services, as Mr. Scribner may or may have not mentioned in a prior video. If you caught a "Falling knife" at 13 dollars a share, when the week hit a 15 pps, you're already on the low and AT A BETTER ADVANTAGE if it goes into $12pps. For me? I'd just buy more. It'll lower my Cost-Average, I have more shares AND more money left over, and slightly more potenial when it goes onto it's higher 15pps side…—As someone who owns quite a few shares, I'm not going to panic unless CCL takes a shet. We are inside a dip. All of My opinion (do your due dilligence and talk with yourself and your personal advisors to make an informed decision)is including that I dont care if it's at 15, 14, 13, 12, 11, 10—I would become more concerned at 9, 8, 7, 6, 5, 4, etc.; If I can get my average just underneath feasible gains during the certain behavior(s) of the market, the investment will make it out in the end. Dont stop investing; TIme your investment and span your demand out in a frequency your comfortable with. Oh, and lastly–Get rid of your emotional investment to the capital you place into the market (aka keep emotions out of your math/investment, etc).

    Thanks for coming to my ted talk, LOL

  34. Warren Gregory
    July 15, 2021 at 10:59 pm

    I bought my ccl at 8.50. It has been good to me.

  35. Rick Matsokotere
    July 15, 2021 at 10:59 pm

    Going all in on Carnival!

  36. Silver back
    July 15, 2021 at 10:59 pm

    Bought Carnival, Royal Caribbean and Norwegian about 4 weeks ago……going to make a killing……also bought Southwest and American……ummmm buy low, sell high…..or just keep them !!

  37. Paden H
    July 15, 2021 at 10:59 pm

    buy more if you're going long