Royal Caribbean Group (RCL) Rose on Stronger Than Anticipated Consumer Demand

Ariel Investments, an investment management company, released its “Ariel Fund” second-quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, Ariel fund gained +3.11% underperforming +4.37% and +5.22% gains of both the Russell 2500 Value Index and the Russell 2500 Index, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Ariel Fund highlighted stocks like Royal Caribbean Cruises Ltd. (NYSE:RCL)...