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2 Reasons I'm No Longer Bullish on Carnival Cruise

2 Reasons I'm No Longer Bullish on Carnival Cruise

Carnival's (NYSE: CCL) low stock price and strong brand make it look like a solid way for investors to bet on a rebound in the tourism industry. Previously, I argued that a rapid restart in cruise operations could bring the company back in the third quarter. The spike in new COVID-19 cases is drastically worsening Carnival's risk-to-reward proposition.