Cruise and Pet Stocks Offer Post-Pandemic Value Despite Market Doubts
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Carnival cruise operator recovering from pandemic, cutting costs, growing cash flow to pay down debt. Stock trades at big discount to pre-pandemic levels despite rising revenue.
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Carnival aims to double return on capital and lift earnings growth in coming years. Recent results beat estimates, showing optimism.
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Chewy is profitable ecommerce pet platform with recurring Autoship orders making up 75% of sales. Provides visibility into future growth.
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Chewy expanding into Canada which could drive more profits like in the U.S. Sales and customer spending still growing despite economy.
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Chewy stock down 40% this year despite positives. Both stocks look like bargains that could rally in an up market.