Royal Caribbean Dip-Buy: Premium Guests Buoy Margins but Fuel Remains the Wildcard
Royal Caribbean reported better-than-expected earnings and raised EPS guidance even as revenue outlook was trimmed — a sign margins are improving thanks to higher-margin guests and pricing power. The stock pulled back, offering a dip-buy setup at ~$312 with a $360 target over the next 45 trading days, but rising fuel costs and geopolitical shocks a…