5 Best Cruise Stocks To Buy Right Now

In this article, we discuss 5 best cruise stocks to buy right now. If you want to see more stocks in this selection, check out 11 Best Cruise Stocks To Buy Right Now. 

5. Marriott International, Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 46

Marriott International, Inc. (NASDAQ:MAR) is an American multinational company that operates and franchises hotel, residential, and timeshare properties. Marriott International, Inc. (NASDAQ:MAR) offers cruise and vacation deals to its guests, who can also redeem loyalty points to win cruise deals. On August 4, Marriott International, Inc. (NASDAQ:MAR) declared a $0.30 per share quarterly dividend, in line with previous. The dividend was paid to shareholders on September 30. Marriott International, Inc. (NASDAQ:MAR) is one of the best cruise stocks to buy now. 

On September 15, Berenberg analyst Stuart Gordon upgraded Marriott International, Inc. (NASDAQ:MAR) to Buy from Hold with a price target of $185, up from $165. The analyst said the fast recovery in lodging has yet to be reflected in the shares. “Even allowing for the threat of a recession moving into 2023, the shape of the recovery means that we expect strong RevPAR increases in 2023 across the sector,” the analyst told investors in a research note. 

According to Insider Monkey’s data, 46 hedge funds were bullish on Marriott International, Inc. (NASDAQ:MAR) at the end of June 2022, compared to 52 funds in the earlier quarter. Boykin Curry’s Eagle Capital Management is the leading position holder in the company, with 8.81 million shares worth $1.2 billion. 

Here is what Aristotle Capital Management Small Cap Equity has to say about Marriott International Inc. (NYSE:MAR) in its Q1 2022 investor letter:

“Marriott International outperformed in the first quarter following a better-than-expected earnings report for the company’s fourth quarter of 2021. During the pandemic, the company reduced expenses which improved operating leverage as revenue recovers. Expectations for travel in 2022 have improved as COVID cases have declined. The company has a strong pipeline of new hotels coming into the Marriott system. There are some indications that business-related travel is starting to recover.”