15 Best Cyclical Stocks to Buy Now

Page 9 of 15

7. Carnival Corporation & plc (NYSE:CCL)

Number of Hedge Fund Holders: 55

Carnival Corporation & plc (NYSE:CCL) ranks among the best cyclical stocks to buy now. On June 27, UBS maintained its Buy rating on Carnival Corporation & plc (NYSE:CCL) while raising its price target to $33 from $30.

The firm listed a number of possible stimuli for Carnival Corporation & plc (NYSE:CCL), such as the opportunity to eliminate tax risk by this week, Celebration Key’s July opening, and outperforming yield growth for the fiscal year. According to UBS, a portion of the difference between cruise prices and hotel room rates is caused by declining commissions and rising onboard expenditure, thus indicating a greater potential for cruise yield growth than current figures show.

The firm also stated that Carnival Corporation & plc (NYSE:CCL) would reveal new long-term goals in the second quarter of 2026 and will likely start paying dividends the same year.

Carnival Corporation & plc (NYSE:CCL) operates cruise ships that offer vacation experiences to destinations in North America, the UK, Germany, and other regions. The company’s segments include Cruise Support, Europe Cruise Operations, Tour and Other, and NAA Cruise Operations.

Page 9 of 15