"Like a sailboat waiting for a gust of wind, Carnival (NYSE: CCL) hasn't had any means of propulsion lately; in fact, they've been anchored by swine flu and sluggish travel demand," notes value investor Nathan Slaughter.
Nevertheless, in his Half-Priced Stocks, he remains optimisticbullish, noting "Eventually these storm clouds will clear." Here's his bullish long-term outlook for the cruise ship opertor.
"Fortunately, these negatives are macro-level factors, not company-specific issues. All things considered, the world's largest cruise operator is performing admirably in this tepid environment.
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