Carnival Corp. (NYSE: CCL) (NYSE: CUK) stock has proven the naysayers wrong from a few years ago and has bounced back in a big way from 2022 lows. It’s up roughly 216% over the past three years and has become a rare turnaround story. However, it’s still 57% off its all-time highs set back in 2018 as it continues to repay its standing debt of $27 billion.
Big news is expected at the end of the month that could help it get even closer to its previous highs. You might want to take a closer look beforehand to see if it’s worth buying the dip.
Image source: Carnival.