Royal Caribbean Stock Is Up Over 150% In the Last Year. Is It Too Late to Buy?

For Royal Caribbean (NYSE: RCL), the skies may have just turned bluer than the water in which its ships sail. The company just released earnings for the third quarter of 2024, revealing higher bookings and increased guidance for the current year.Such improvements have contributed to Royal Caribbean's rising stock price over the last year. The question now is whether the rise in the stock price can continue or whether the ship has sailed on Royal's bull run.In the first three quarters of 2024, the company reported almost $13 billion in revenue, a 20% yearly increase compared with the same period in 2023.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool