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Carnival Stock Down

mcrcruiser

By mcrcruiser,
in Costa Cruises

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mcrcruiser

mcrcruiser

Posted
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Morgan Stanley analyst just came out with the report that the cruise industry will slow into the 4th quarter (Carnival just reported higher earnings ) & higher fuel costs (both the cruise industry & airline industry hedge their fuel costs into the future contracts )

 

Personally ,I think this temporary dip represents a good buy into this stock .also ,Carnival corp has issued a huge buy back of their stock ;which means less shares on the open market

 

You can google today : Why has Carnival stock gone down . you can then read the reports

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