Trade Alert – Cruise Lines

by | May 27, 2020 | Daily Trade Alert

The airline stocks we featured just yesterday are already taking flight.

Delta (DAL) for example was up nearly $3 on the day, and is set to open up another $2 this morning. SkyWest Airlines (SKYW) was up $2.50, and is set to open higher, as well. All as economic reopening hopes gain momentum.

Cruise stocks are getting their heads back above water, too.

We last featured the cruise stock opportunity back on April 29.

At the time, we mentioned you may want to consider Carnival (CCL), Royal Caribbean (RCL), and Norwegian Cruise Line (NCLH). This morning, RCL is set to open up nearly $6 to $55.36. CCL is set to open up another $2.66 to $18.94, with NCLH up $2.16 to $18.19.

We still believe all are solid opportunities, as stay at home orders are lifted, and as the U.S. economy gets back on its feet. There’s also hope the U.S. CDC will not extend its ban on cruises, and on hopes all can sail again soon.

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