STOCKS TELEGRAPH

Tag: RCL Stock

  • Three Best Epicenter Stocks to Watch for in the First Half of 2021

    Three Best Epicenter Stocks to Watch for in the First Half of 2021

    There are several companies that lie around the re-emergence point.

    The COVID-19 pandemic has been one of the hardest hits on the global economy. The epicenter stocks are the companies badly affected by the pandemic but are on the verge to bounce back following the economic stability.

    As we are heading forward, things seem to get going as the pandemic has become part of our lives. Moreover, with the vaccine deployment and gradual decline in cases, there are stocks that are expecting to end 2021 with profit following heavy losses in 2019.

    The current bull argument is that top epicenter stocks could be looking at the biggest recoveries once the pandemic comes to an end. So, let’s have a look at the potential investment options among the epicenter stocks.

    Royal Caribbean Group (RCL)

    Royal Caribbean Group (RCL) is being called one of the top epicenter stocks bucking the trend when the market goes south. The largest cruise line company world-wide and the second-largest by passengers, RCL gathers over 14% in revenue of the entire cruise line market and 19% by passengers. With the strong basis and good post-COVID-19 track, analysts believe that RCL has the big guns to pump one the pandemic ends.

    The shares of RCL stock have been on the bullish side during February. Of course, the rise in shares price wasn’t based on the quarterly results, which were on the negative side. The company reported a loss of $1.4 billion in the most recent quarter.

    The company is aiming for a comeback and the RCL is foreseeing good times ahead.

    Komos Energy (KOS)

    Another company that lies in the epicenter stocks is Komos Energy (KOS). Kosmos is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. With the energy department getting more focus during the Biden reign is expected to help Komos have a bullish run post-pandemic.

    The company has been on the downward for a while now. The CEO of Komos in the Q4 report said that with the strategic actions they took in 2020, in 2021 they would have a lower cost base which will strengthen its balance sheet.

    Komos Energy (KOS) is trading just above $3 per share and there are chances that it would drop further before going for the extreme bullish run. So, investors must keep their eyes on the stock and buy at its lowest.

    Ring Energy (REI)

    Another energy firm, Ring Energy (REI) that focuses on oil and gas exploration. The company has been brutally impacted by the pandemic.

    The company recently updated its plan for this year and how operations unfolded during the last quarter. Ring produced 9,307 net barrels of oil equivalent per day last quarter. While the company expects to drill 6-8 wells and complete 8-10 wells in 2021.

    For this year, the company is working on a new strategy and has a disciplined capital program. Ring Energy’s new capital program would be funded by operational cash flow, which will help in maintaining production levels with the potential for some minimal growth. The bottom line is that REI is working to improve its balance sheet and get things right for the long-term.

  • The 3 Top Cruise Line Stocks for Investment in 2021

    The 3 Top Cruise Line Stocks for Investment in 2021

    Cruise Line industry after a hard-fought battle last year is going to get tested again.

    The cruise line industry is a part of the broader travel and tourism industry. The main focus is to provide entertainment in the sea environment. The cruise line firms have taken a massive hit from the global pandemic. The cruise ship’s operations were off for a long period following the COVID-19 restrictions.

    The industry is still a big risk for the investors. Despite we have the vaccine in the market but still the vulnerability level is quite high. The fact that the vaccine is limited and the scale of the pandemic is immense. There are nearly 25.86 million active coronavirus cases at the moment, so things are still unreliable for the cruise line industry to begin full operations in the near future.

    The cruises have limited right to set sail again. Some of the industry leaders that can stand a chance for potential investment; will have look at them. Here are the three possible investment options for cruise line stocks this year.

    Carnival Corp. (CCL)

    Carnival Corp. (CCL) had a testing period last year—just like another cruise firm. The company was able to shrink its expenses through the removal of 19 less efficient ships, 15 of which have already left the fleet.

    In the fourth quarter, the company had a net loss of $1.9 billion, while the remaining cash balance was around $9.5 billion. The company has taken some aggressive actions to keep managing the balance sheet and reducing capacity. Carnival believes that they are well-positioned to capitalize on pent-up demand—being the leading force of the industry.

    In the past few days, CCL stock has continued with a strong trend, as investors respond to the firm’s initiative to support digital gambling board its Princess cruise line. The company plans to launch its new Ocean Sportsbook—a digital application under process in collaboration with Miomni Online Gaming Solutions.

    Being the industry leader and with a well managed financial position, Carnival Corp. (CCL) is one to watch this year.

    Royal Caribbean (RCL)

    Royal Caribbean (RCL) is another promising cruise line stock that would amuse investors if they are willing to bet in the cruise line industry. Royal Caribbean is one of the most decorated cruise line firms in the market right now. Just like other counterparts, the company has faced hard times due to pandemic.

    However, compared to Carnival, RCL shares price dropped almost 45% last year. While CCL shares plunged up to 58%. Royal Caribbean is about to report its Q4 results, expected to record earnings loss of $5.04 per share, as per Zacks.

    Historically, the company has had a higher command mark-up for its cruises, which means RCL would have a smoother path back to profitability once the company starts sailing at its maximum.

    OneSpaWorld (OSW)

    OneSpaWorld (OSW) has been a better performing stock over the 12-months. Those investors who betted on OSW back in March would have made profits by now. Smart investors know that the drop in shares price is a massive opportunity to cash in.

    With that being said, OneSpaWorld is highly dependent upon cruise line operations for its revenue and operations. In the Q3 report, the company noted that it has enough liquidity to sustain its operations through at least Dec. 2021.

    Two Wall Street analysts recommend OSW as a buy. But the stock is trading in an uncertain trend since the start of this year. The best choice would be to jump in when it’s down. However, the best thing is to wait for now and watch the trend and updates of quarterly results.