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Analysts Discuss the Best Buy Among Leisure Stocks RCL, CCL, and MGM

2024-04-05 07:18:06.366000

Analysts are discussing the best buy among three leisure stocks: RCL (Royal Caribbean Cruise), CCL (Carnival Cruise Lines), and MGM (MGM Resorts International). The article highlights the impact of inflation on leisure plays and the potential return to leisure as inflation subsides. RCL stock is performing well and is expected to gain market share due to its premier nature and innovative ships. CCL stock is seen as an intriguing comeback play with a modest valuation and favorable positioning with the budget-conscious family crowd. MGM stock is undervalued and could benefit from the bounce back in consumer discretionary income. Wall Street seems to favor CCL stock the most, with approximately 51% gains expected over the year ahead. Analysts have assigned Strong Buy ratings to all three stocks. [10efea4c]

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