RE: For the passive geeks20 Sep 2024 15:10
Betterlife, I'm not sure what time frame you are looking at when you refer to the 'Ugly Crash' but none the less, each of the 3 stocks based upon yours figures have risen by a similar percentage (circa 20% of their current value). An equal increase in value $ is quite unlikely as cost per share are vastly different.
Regards pumping of Royal - most analysts believe that they are in a much stronger position than their competitors in terms of debt levels , future momentum, value, growth prospects, earning per share, and share holder dividends etc etc. As such market sentiment (which determines the values of stock) is clearly in their favour. In my opinion it's likely to remain that way for some time to come and personally I'm comfortable with that because eventually we will see a turn around for Carnival and a large percentage increase in the share value in percentage terms. (I don't believe we will be worth Royals value in terms of dollars in my life time -beyond that I'm not bothered).
Regards your current valuation of carnival at near $30 minimum - I believe we are some way off that. Perhaps in 2026/27 but not yet. Maybe $20 at year end give or take the typical market fluctuations. AIMHO