Fool.com contributor Parkev Tatevosian evaluates Carnival's (CCL 3.92%) debt load and how it offers an opportunity for profit growth.
*Stock prices used were the afternoon prices of July 16, 2023. The video was published on July 18, 2023.
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1 Factor Intelligent Investors Know About Carnival Stock
By Parkev Tatevosian, CFA
–
Jul 19, 2023 at 4:15AM
NYSE: CCL
Carnival Corp.
Market Cap
$23B
Today's Change
(3.92%) $0.68
Current Price
$18.02
Price as of October 4, 2024, 4:00 p.m. ET
The company holds a giant debt load that's keeping earnings negative.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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