Top 5 Stock Picks of Dan Kozlowski’s Plaisance Capital

In this article, we will discuss the top 5 stock picks of Dan Kozlowski’s Plaisance Capital. If you want to read our detailed analysis of these stocks, you can go directly to the Top 10 Stock Picks of Dan Kozlowski’s Plaisance Capital.

5. Carnival Corporation & plc (NYSE:CCL)

Plaisance Capital’s Stake Value: $3,611,000

Percentage of Plaisance Capital’s 13F Portfolio: 1.79%

Number of Hedge Fund Investors: 31

Carnival Corporation & plc (NYSE:CCL) is one of the two shipping cruise stocks in Dan Kozlowski’s Plaisance Capital’s portfolio, the second being Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). Both these positions were initiated in Q2 2021. Carnival Corporation & plc (NYSE:CCL) has ten cruise brands under its umbrella that cover various regions and cater to different segments of the cruising industry with a fleet of over 100 vessels. The Miami, Florida-based company was founded in 1972. In the second quarter, Plaisance Capital owned 137,000 shares in Carnival Corporation & plc (NYSE:CCL), worth $3.61 million.

Investment management firm ClearBridge Investments mentioned Carnival Corporation & plc (NYSE:CCL) in its Q1 2021 investor letter. Here’s what the fund said:

“Several of our better performers in the first quarter were purchased while their business models were under stress from COVID restrictions or the macro environment the pandemic created. What gave us confidence in purchasing Carnival was the actions the company took to extend out their balance sheets until travel resumed. Both should benefit as a broader vaccination rollout prompts cruise lines to resume operations and consumers to start traveling again and are positioned to deliver better margins and gain pricing power as the economy normalizes due to the cost controls implemented during the downturn.”