Is Royal Caribbean Stock a Buy After a 13% Drop in 2 Days?
Key Points Royal Caribbean saw its revenue and adjusted earnings rise 5% and 11%, respectively, in the third quarter. The cruise line exceeded profit targets and for the fourth time over the past year, boosted its full-year guidance. There are some near-term concerns, but Royal Caribbean at 16 times forward earnings could be compelling. 10 stocks we like better than Royal Caribbean Cruises › Sometimes a "beat and raise" performance isn't enough. Royal Caribbean (NYSE: RCL) seemed to make a splash ...