Stock Alert: Royal Caribbean Surpasses $250 on Strong Earnings
The stock’s bullish 50-day moving average has been providing strong trend support for the last two weeks as shares were leaking to lower prices at $225. Today’s response to the earnings report fortifies the stock’s short- and long-term trend as even more bullish.
Royal Caribbean’s quarterly profit topped expectations again, and the outlook for the current quarter is above forecasts.
Morgan Stanley analyst Jamie Rollo has maintained their neutral stance on RCL stock, giving a Hold rating today.Invest with Confidence: Follow ...
Learn more about whether Aramark or Royal Caribbean Cruises Ltd. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.
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