LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Three cruise stocks are among this week’s best performers as summer approaches

Chaim Potok by Chaim Potok
June 2, 2023
in Investing
Three cruise stocks are among this week’s best performers as summer approaches
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Amid another winning week for the market, certain stocks stood out from the rest. The S & P 500 is up 1.8% week to date, on pace for a third consecutive week in the green. The Dow Jones Industrial Average went positive from gains Friday and was last up 2% for the week. The Nasdaq Composite is about 1.9% higher week to date amid a six-week positive streak. These gains come after Congress passed a bill to raise the debt ceiling following weeks of market uncertainty. A strong May jobs report also pushed markets higher Friday. Take a look at some of this week’s top outperformers as of Friday morning, and where analysts see them going forward. Match Group , the parent company of dating platforms such as Tinder and Hinge, was this week’s biggest gainer, with shares rising more than 13%. Analysts see the stock surging an additional 36.8%, according to FactSet data. Meanwhile, the stock is down about 5% year to date. Shares have plunged 53% over the past 12 months. Cruise companies Royal Caribbean and Norwegian Cruise Line also had a strong week, gaining 7.8% and 9.3%, respectively. Shares of Royal Caribbean jumped more than 3% Friday and reached a new 52-week high. The stock has surged 74% in 2023, but more than 6 out of 10 analysts rate it a buy. The consensus price target for shares implies just 7.2% additional upside, per FactSet data. Another cruise line on the list is Carnival , which saw shares rise 6.7% week to date. However, the stock is already trading 5% above its average price target. Satellite company Dish Network ‘s shares popped 15% during Friday’s trading session alone. A report from Bloomberg News said Amazon is in negotiations with Dish and other telecommunications companies about the possibility of launching a low-cost mobile plan service for its Prime subscribers. Dish could soar an additional 124.1% based off the average price target on shares. Less than 30% of analysts hold a buy rating on shares, according to FactSet data. Other notable gainers this week include Enphase Energy and electric vehicle maker Tesla . Intel , Netflix and Digital Realty Trust also were named on the list.



Source link

You might also like

Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

Goldman says ‘TINA trade’ is alive and well, fueled by 401(k) buying

Noted JPMorgan analyst sees shares of Coach retailer jumping more than 30%

Share30Tweet19
Previous Post

The debt ceiling, Pride Month, and finding an arthritis-friendly place to retire

Next Post

Oil futures gain more than 2% for the session, pare their loss for the week

Chaim Potok

Chaim Potok

Recommended For You

Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation
Investing

Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

June 16, 2025
Goldman says ‘TINA trade’ is alive and well, fueled by 401(k) buying
Investing

Goldman says ‘TINA trade’ is alive and well, fueled by 401(k) buying

June 16, 2025
Noted JPMorgan analyst sees shares of Coach retailer jumping more than 30%
Investing

Noted JPMorgan analyst sees shares of Coach retailer jumping more than 30%

June 16, 2025
What Amazon and Walmart’s reported stablecoin exploration means for payments stocks
Investing

What Amazon and Walmart’s reported stablecoin exploration means for payments stocks

June 16, 2025
Next Post
Oil futures gain more than 2% for the session, pare their loss for the week

Oil futures gain more than 2% for the session, pare their loss for the week

Related News

AI, tokenization to usher ‘new long-tail capital market’ in 2025: Bitwise

AI, tokenization to usher ‘new long-tail capital market’ in 2025: Bitwise

January 6, 2025
Here’s the ‘most likely scenario’ for when student loan payments could restart — and how to prepare

Here’s the ‘most likely scenario’ for when student loan payments could restart — and how to prepare

May 25, 2023
Turkish government attempt to place restrictions on Twitter to fight against ‘disinformation’ as people are angry with the response – London Business News | London Wallet

Turkish government attempt to place restrictions on Twitter to fight against ‘disinformation’ as people are angry with the response – London Business News | London Wallet

February 9, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • lingtogel77
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?