Is Carnival Cruise (CCL) Stock a Good Buy?

Carnival Cruise (CCL) Stock is one of the hottest stocks on Wall Street ever since the Public Investment Fund bought 43 million shares in the world's largest cruise line. Carnival Cruise held a public offering for $8 per share so I'm guessing the Saudis paid around this amount per share.

Ever since that news update, the stock up almost 30% as investors have rushed in to buy up the stock. There are a couple of reasons why Carnival Cruise looks like a “broken stock” not a broken company.

Is CCL Stock a Good Buy Now? Carnival Cruise Stock Soars 20%!

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