The way that cruise stocks like Carnival Cruises and Royal Caribbean and Norwegian Cruise Lines are trading would make one think that the conditions of the cruise industry are similar to that of the summer of 2020.
Looking at the latest 10-Q of
$CCL, I find that the largest cruise line operator is seeing its losses shrink and its cash burn reduced. Cruise operators are doing more voyages now compared to last year.
With that, I think that cruise companies deserve a second look.