Even at 52-Week Highs, Could Cruise Line Stocks Be a Bargain?

At first glance, you might not think cruise line stocks like Royal Caribbean (NYSE: RCL) and Carnival (NYSE: CCL) are cheap. After all, they are at or near all-time highs and have mountains of debt. But there's also a solid case to be made that the major cruise lines are still very cheap, and you can hear all the details in the video.

*Stock prices used were the morning prices of July 23, 2024. The video was published on July 25, 2024.

Matt Frankel has no position in any of the stocks mentioned. Rick Munarriz has positions in Norwegian Cruise Line and Royal Caribbean Cruises. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy . Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.