Norwegian Cruise Line (NCLH) stockholders might ask when their ship will sail, as the price action has been frustrating lately. On the other hand, this isn’t a time to just give up on Norwegian Cruise Line. After crunching the numbers, I am bullish on NCLH stock and hope to see a swift rebound in the near future.
Norwegian Cruise Line is a well-known cruise line operator. One might assume that people aren’t booking cruise vacations during a time of persistent inflation. However, Norwegian Cruise Line’s quarterly data suggests that there’s still fairly strong demand for cruises. Norwegian Cruise Line CEO Harry Sommer even went so far as to say, “We are witnessing robust demand with strong pricing and booking volumes leading to record-breaking advanced ticket sales.”
That’s a highly encouraging statement, so NCLH stock ought to be flying right now – right? Unfortunately, stock prices don’t always move in the direction…
