Why Carnival (CCL) is a Top Momentum Stock for the Long-Term

Zacks
02-06

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Is This 1 Momentum Stock a Screaming Buy Right Now?

Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

Carnival (CCL)

Founded in 1972 and headquartered in Miami, FL, Carnival operates as a cruise and vacation company. As a single economic entity, Carnival Corporation & Carnival plc forms the largest cruise operator in the world. It is the world’s leading leisure travel firm and carries nearly half of the global cruise guests. The company operates in North America, Australia, Europe and Asia.

CCL boasts a Momentum Style Score of B and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Carnival has seen some interesting price action recently; the stock is down 2.6% over the past one week and up 12.5% over the past four weeks. And in the last one-year period, CCL has gained 73%. As for the stock's trading volume, 18,962,272 shares on average were traded over the last 20 days.

A company's earnings performance is important for momentum investors as well. For fiscal 2025, five analysts revised their earnings estimate higher in the last 60 days for CCL, while the Zacks Consensus Estimate has increased $0.07 to $1.77 per share. CCL also boasts an average earnings surprise of 326.4%.

CCL should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.

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Carnival Corporation (CCL) : Free Stock Analysis Report

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