Carnival: Upside Persists, But Keep A Close Watch

  • Carnival Corporation's stock surged 25% in under two months, validating my prior bullish short-term outlook despite sector risks. Consumer discretionary stocks, especially cruises, have rebounded recently as macro risks eased and sector valuations became more attractive. Carnival's Q2 2025 earnings outperformed expectations, and the company upgraded its guidance, supporting continued optimism.