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Is Royal Caribbean Stock a good buy?

We believe that Royal Caribbean stock (NYSE: RCL), the second-largest cruise line operator, looks like a reasonably good buying opportunity at current levels. RCL stock trades near $80 presently and it is, in fact, down 40% from its pre-Covid levels of around $134 per share at the end of 2020 – before the coronavirus pandemic hit the world.

How has Royal Caribbean Stock changed over the last week?

Royal Caribbean stock (NYSE: RCL), the second-largest cruise line operator, has declined by about 12% over the last week (five trading days), compared to the broader S&P 500, which has declined by about 2.6% over the same period.

Does the Caribbean have a stock exchange?

It may be incomplete. The following de facto states do not maintain stock exchanges: A number of Caribbean countries are served by the Eastern Caribbean Securities Exchange (ECSE), based in Basseterre, Saint Kitts and Nevis. Thus, there is no individual stock exchange on their territories.

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