Goldman Sachs’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth

17. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Growth Investment Ratio: 111%

Number of Hedge Fund Holders: 31

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is the third and final cruise ship stock on our list. Like its peers, the firm is also benefiting from pent-up demand in the wake of the coronavirus pandemic and the post-pandemic inflationary wave. During Q2, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)’s occupancy sat at nearly 106%, which bodes well for the firm as it allows it to charge higher prices. The firm’s revenue grew by 11% in Q3 to sit at $2.81 billion with advanced ticket sales growing by 6% to touch $3.3 billion. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) has also tailored its strategy to control costs after the troubles that it faced during the pandemic and its inflationary aftermath. Now, the firm has balanced its product quality in line with the prices that it charges, and it expanded capacity in September by adding a new ship capable of accommodating 3,550 guests.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shared details about its capacity expansion during the Q3 2024 earnings call. Here is what the firm said:

“Speaking of Norwegian Aqua, we’re making excellent progress towards your launch in early 2025. Earlier this month I visited the Fincantieri shipyard in Italy and witnessed firsthand the impressive final touches being applied to the vessel. I’m incredibly excited for our guests to experience this next generation Prima class ship. At Oceania Cruises, we remain committed to delivering the finest cuisine at sea with new experiences on every new build. In this case, I’m sorry, in the case of the brand’s upcoming Allura, we are introducing the Creperie for which Oceania’s newly appointed executive culinary directors and resident master chefs of France, Alice Coretti and Eric Burrell, have crafted over 20 exquisite recipes. I’m eagerly anticipating our food loving guests reaction to this new exciting culinary experience when Allura debuts next year, and of course I’ll be first in line.

Finally, Regent Seven Seas Cruises recently celebrated the steel cutting for its latest ultra luxury ship, Seven Seas Prestige. At 77,000 tons and accommodating only 850 guests, this vessel will offer our guests unrivaled space at sea with one of the highest guest to space ratios in the industry. The ship will introduce exciting innovations including a reimagined palatial region suite, a new set of duplex suites and other accommodation categories, fresh dining experiences and numerous other incredible offerings that will allow our guests to experience luxury transcended. Moving to Slide eight, we have enhanced our offering and partnership building on our bold aspiration for our guests to vacation better and experience more. Norwegian launched its new brand positioning, Experience More at Sea, which underscores NCL’s commitment to provide guests with more variety, more to see, more to do, more to enjoy and more value through elevated offerings providing more of what they love while vacationing.”