5 Best Cruise Stocks to Buy Now

4. Royal Caribbean Group (NYSE: RCL)

Number of Hedge Fund Holders: 42

Royal Caribbean Group (NYSE: RCL) is a global cruise company. It operates under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands. The company ranks 4th on our list of the best cruise stocks to buy now.

On June 4th, Royal Caribbean Group (NYSE: RCL) announced that it would be restarting its US cruises in July. The company also reportedly raised $650 million to fund 7.25% senior secured notes due in 2025. In the first quarter of 2021, Royal Caribbean Group (NYSE: RCL) had an EPS of -$4.44, beating estimates by $0.17. Its revenue for the quarter came in at $42.01 million, beating estimates by $1.53 million. The stock gained 22.96% in the past 6 months and 22.86% year to date as well.

By the end of the first quarter of 2021, 42 hedge funds out of the 866 tracked by Insider Monkey held stakes in Royal Caribbean Group (NYSE: RCL). Their total stake value was roughly $594 million. This is compared to 37 hedge fund holders with a total stake value of roughly $554 million in the previous quarter.