Tuesday, February 14, 2017

Carnival Corporation (CCL) Purchased on 7/11/2016

The price of Carnival Corporation (CCL) shares has increased considerably since my purchase of the stock last summer.  So far, CCL has not announced a dividend increase, however.


After spending about four years in overvalued territory, the stock dipped below the orange line for a brief period of time in 2016, so I added it to my "nonPension" portfolio.  Since then, the price has moved back above the orange line, making me grateful that I picked a good time to purchase it.  CCL profits are expected to rise steeply over the next few years, so it is a stock that I intend to hold going forward, assuming all else stays the same.

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