Carnival Time?

Carnival Time?

A few weeks ago I looked at the investment case for Saga [LON:SAGA] – the combined insurance and vacations business.

Its major uncertainty and potential value lies in the timing of resumption of cruising.

Whilst I remain of the view that recent rises in hospitality shares may be premature (due to the fact that there will be no significant vaccine benefits over the coming Christmas period), I am more optimistic for holidays and cruising, with benefits flowing from the spring.

So what about another well-known cruise operator: Carnival [LON:CCL]?

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