Meme stocks are simply those that have gained substantial popularity on social media leading many investors to buy them. That generally causes people to create pictures and gifs including humorous text known as memes of the stocks.
New Glacier Guarantee™ allows guests to sail with confidence, knowing they're guaranteed to see Alaska glaciers SEATTLE , May 1, 2024 /PRNewswire/ -- Holland America Line loves Alaska. Since 1947, the cruise line has led the way in showcasing the majesty of the state — including its magnificent glaciers.
Though travel and cruise stocks have yet to return to their pre-Covid-19 levels, 2024 may be the year of vacations. According to U.S. cruise operators and travel agents, travelers have booked record levels of cruise tickets, surpassing 2019's numbers.
The Defiance Hotel, Airline, and Cruise ETF (NYSEARCA: CRUZ ) is up by approximately 25% year-over-year, illustrating the robust growth embedded in cruise stocks. However, what goes up must come down, which is why I believe a minor correction in cruise stocks is due.
CVS Health, Carnival Corp., and Toronto-Dominion Bank all trade at attractive prices right now. These businesses have reported strong numbers of late and are likely to perform well in the future.
Carnival kicked off fiscal 2024 with record trailing revenue, bookings, and customer deposits. The stock is now trading for just 10 times next fiscal year's earnings.
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