Buy the Dip: A Measured Long on Carnival While Risks Roil the Cruise Complex
Carnival (CCL) is a high-quality cash-generating recovery story trading at reasonable multiples after recent sectorwide weakness. We upgrade to a tactical long on this dip with an entry at $28.50, a target at $34.00 and a stop at $24.50 for a mid-term swing (45 trading days). The trade leans on improving free cash flow, a lower debt load versus pan…