Cruise Line Stocks Not All Smooth Sailing Just Yet Hosted by MarketBeat StaffMarch 23, 2023 ShareLink copied to clipboard. Play video for Cruise Line Stocks Not All Smooth Sailing Just YetDetailsGuestsCruise lines have made a strong comeback after having their businesses disrupted by the Covid-19 pandemic. Not surprisingly, cruise line stocks have made a comeback as well. But even though bookings continue to rise, Chris Markoch suggests that investors need to be careful before investing in cruise line stocks. In his conversation with Laycee Kluin of MarketBeat, Markoch backs up his claim with three headwinds for the cruise line industry: • Every major cruise line took on significant debt during the pandemic. • In order to pay down that debt, cruise lines will have to move away from the generous discounts they’ve been offering. • With a recession likely sometime in 2023, it’s fair to consider if cruise line bookings will remain strong throughout the year.Read Can Carnival Cruise Lines Set Sail For New Highs? Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioRCLRoyal Caribbean Cruises4.5066 of 5 stars$238.43+3.3%0.92%24.50NCLHNorwegian Cruise Line4.002 of 5 stars$26.91+5.9%N/A24.69CCLCarnival Co. &4.2886 of 5 stars$26.80+6.4%7.46%23.93 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffMarch 23, 2023 ShareLink copied to clipboard. Play video for Cruise Line Stocks Not All Smooth Sailing Just YetDetailsGuestsCruise lines have made a strong comeback after having their businesses disrupted by the Covid-19 pandemic. Not surprisingly, cruise line stocks have made a comeback as well. But even though bookings continue to rise, Chris Markoch suggests that investors need to be careful before investing in cruise line stocks. In his conversation with Laycee Kluin of MarketBeat, Markoch backs up his claim with three headwinds for the cruise line industry: • Every major cruise line took on significant debt during the pandemic. • In order to pay down that debt, cruise lines will have to move away from the generous discounts they’ve been offering. • With a recession likely sometime in 2023, it’s fair to consider if cruise line bookings will remain strong throughout the year.Read Can Carnival Cruise Lines Set Sail For New Highs? Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioRCLRoyal Caribbean Cruises4.5066 of 5 stars$238.43+3.3%0.92%24.50NCLHNorwegian Cruise Line4.002 of 5 stars$26.91+5.9%N/A24.69CCLCarnival Co. &4.2886 of 5 stars$26.80+6.4%7.46%23.93 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored7 Sensational Small-Cap Stocks Set for Big GainsThe Russell 2000 Index is up more than 40% in the last 12 months. This is an index that tracks the performance...MarketBeatAI breakthrough about to upend industryEveryone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the m...Porter & Company | Sponsored7 Mighty Medical Stocks That Will Keep Getting StrongerMedical stocks are a broad category that covers pharmaceutical companies, health insurers, medical technology ...MarketBeatNvidia’s Bold Move: Tackling Tech’s $1 Trillion CrisisTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored7 Stocks to Ride the Autonomous Driving BoomThe global autonomous vehicle (AV) market is growing. According to the Autonomous Vehicle Industry Association...MarketBeat