Following a mid-2022 fleet redeployment, Royal Caribbean (RCL -2.13%) has been a juggernaut among cruise line stocks, surging more than sevenfold over the past three years and more than doubling for the fiscal year ending Aug. 21.
Cruise lines were among the hardest hit industries during the COVID-19 pandemic. Not only were they essentially not allowed to operate for an extended period of time, but maintaining a fleet of massive ships is a capital-intensive activity.
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Royal Caribbean Cruises stands out among cruise peers, with a far superior price return YTD. However, with stretched valuations, is there still upside to RCL? There's certainly some justification for a premium, with the company's robust margins and the distinction of being the only one among peers to pay a dividend. However, meaningful gains are indicated only over the long term now, unless the...
It's been a banner year, so far, for cryptocurrency enthusiasts worldwide. Bitcoin (CRYPTO:BTC), the world's most popular cryptocurrency, touched an all-time high of $124,457.12 in mid-August before pulling back to around $110,000 in the month's final trading days.
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