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Carnival Corporation & plc (CCL) Stock Upgrade Highlights Resilience Amid Geopolitical Volatility

Carnival Corporation & plc (NYSE:CCL) is one of the best cheapest stocks to buy on Robinhood. On March 19, Morgan Stanley analyst Jamie Rollo upgraded Carnival Corporation & plc (NYSE:CCL) from Equal Weight to Overweight, and lowered the price target to $31 from $33. Rollo argued that the stock’s sharp selloff had created a compelling buying opportunity.

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According to the analyst, Carnival’s share price has fallen 28% from its year-to-date peak, which was influenced by the escalation of the U.S.-Iran conflict. The conflict sent oil prices surging and rattled investor confidence in travel stocks broadly, said Rollo. He noted that the decline is comparable in magnitude to the selloffs in cruise stocks during the 2003 Iraq War, the 2010 Arab Spring, and the 2022 Russia-Ukraine War. Rollo’s core argument is that the selloff has gone further than the fundamentals justify.

That said, Morgan Stanley revised its estimates lower alongside the rating change. The firm cut its fiscal 2026 net revenue yield growth assumption by 100 basis points to 2.0%. This is below Carnival’s own guidance of 2.5%. The firm cited expectations of softer European demand as the war’s ripple effects dampen travel appetite.

On earnings, Morgan Stanley trimmed its FY2026 EPS estimate by 14% to $2.27, compared with company guidance of $2.48. The bank also reduced its FY2027 EPS estimate by 6% to $2.62, and pegged the new price target at an average of 12x P/E and 8.4x EV/EBITDA on FY2027 estimates.

Carnival Corporation & plc (NYSE:CCL) operates cruise lines under brands such as Carnival Cruise Line, Princess Cruises, and Holland America Line. It offers leisure travel and vacation services across global destinations. Its products include cruise packages, onboard entertainment, dining, and tourism experiences.

While we acknowledge the risk and potential of CCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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