10 Best Stocks to Buy According to D1 Capital’s Daniel Sundheim

3. Royal Caribbean Cruises Ltd. (NYSE:RCL)

D1 Capital Partners’s Stake as of Q4: $362.2 million

Number of Hedge Fund Holders: 58

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a global cruise company that operates under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, among others, and offers a wide range of itineraries.

On April 9, Stifel analysts led by Steven Wieczynski reduced the price target for Royal Caribbean Cruises Ltd. (NYSE:RCL) from $310 to $265. However, the firm still recommends the stock with a Buy rating. The change indicates a cautious approach due to a significant market decline and an uncertain consumer environment, prompting investors to seek out solid equities that may have been oversold.

The company has signed a credit agreement to fund its seventh Oasis-class ship, which will be delivered in the second quarter of 2028. This loan, guaranteed by BpiFrance Assurance Export, will be repaid over twelve years. Additionally, Royal Caribbean Cruises Ltd. (NYSE:RCL) announced a debt-for-equity exchange involving $200 million of its Convertible Senior Notes to optimize its capital structure.