Travel Stocks Pick Up Steam This Week. How Two Traders Would Get Exposure to the Group
Though cruise lines still have significant debt loads, two of their stocks could be worth considering for a trade, Danielle Shay, director of options at Simpler Trading, said Tuesday on CNBC's "Trading Nation." "We are going to see cruise liners starting to sail again," Shay said. "The cruise liners are still beat down, which means that you still have some upside." Royal Caribbean, Carnival and Norwegian Cruise are respectively 33%, 44% and 47% below their pre-Covid highs from January 2020. "I think you have about $30-$40 of upside in both Norwegian and Royal Caribbean, and with these in part...