Tue Oct 15 14:10:00 UTC 2024: ## Carnival Stock: A Bargain Despite Debt Burden, Says Motley Fool

**Despite its debt load, Carnival Corporation (CCL) is a steal according to The Motley Fool, a financial services company dedicated to helping people make smart investment decisions.**

The company’s business is booming, exceeding pre-pandemic levels. Carnival’s revenue reached a record $21.6 billion last year and is on track to hit $25 billion this year. With bookings for next year already exceeding last year’s levels, the company’s future looks bright.

However, the stock has yet to reflect this positive outlook, remaining at pre-pandemic lows. The Motley Fool argues that the market has underestimated the resilience of the leisure cruise industry. Despite economic concerns, consumer demand for cruises remains strong, with 18% of U.S. consumers planning to book a cruise in the next three months.

The market’s hesitation is likely due to Carnival’s significant debt burden, accumulated during the pandemic. While this debt is a concern, the company is steadily paying it down thanks to its growing profits.

The Motley Fool believes that Carnival’s stock is undervalued and presents an opportunity for investors. While the stock does carry higher than average risk, the potential upside is also significant. The company’s strong revenue growth, record bookings, and continued debt reduction position it for long-term success.

**The Motley Fool encourages investors to consider Carnival as a potential addition to their portfolios.** They believe the company’s current stock price doesn’t reflect its true potential. While not risk-free, the potential rewards outweigh the risks.

**The Motley Fool offers a variety of premium investing services, including in-depth research and expert analysis.** Visit Fool.com to learn more.

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