5 Most Undervalued Travel Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Investors In Q2 2023: 45

Share Price Upside: 54%

Royal Caribbean Cruises Ltd. (NYSE:RCL) is the final cruise ship operator on our list. Its shares are also rated Strong Buy on average, and even as it faces criticism from customers for adding a fee for additional meals, the firm’s CEO is open to adding another fee through a fuel surcharge that reflects rising costs.

For their second quarter of 2023 investments, 45 out of the 910 hedge funds polled by Insider Monkey had bought and owned Royal Caribbean Cruises Ltd. (NYSE:RCL)’s shares. D. E. Shaw’s D E Shaw is the biggest investor in our database through its $395 million investment.

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