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Cruise stocks: Taking to the high seas

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7 Best Cruise Stocks to Buy Now

It's been smooth sailing for cruise stocks so far this year, thanks to tailwinds from strong travel demand.

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Cruise stock investors stand to benefit immensely if shares return to their pre-pandemic levels.

Many cruise stocks have rewarded investors year to date thanks to booming travel demand. After gloomy performances during the pandemic, cruise stocks look poised to deliver gains for investors.

Battered comps from slow travel make it easier for cruise stocks to achieve triple-digit year-over-year revenue growth. And some cruise companies have already reported that type of growth.

Do Cruise Stocks Present an Opportunity?

Many cruise stocks still have not reached their pre-pandemic prices. Carnival Corp. & PLC (ticker: CCL ), one of the best cruise stocks to buy now, is well removed from its pre-pandemic per-share range of high $40s to low $50s.

John Engle, president of Almington Capital, indicates that cruise stocks can continue to ride the momentum from current trends. "In the short term, cruise stocks may enjoy some tailwinds thanks to upbeat expectations about the summer vacation season," Engle says. "After years of struggles in the face of a global pandemic and macroeconomic uncertainty, cruise operators have been bouncing back."

Cruise stock investors stand to benefit immensely if shares return to their pre-pandemic levels. Some of these cruise stocks distributed quarterly dividend payments leading up to 2020, hiking the dividend each year.

Meanwhile, the airline industry has experienced a strong recovery as well. Delta Air Lines Inc. ( DAL ) raised its full-year outlook and reinstated its dividend. American Airlines Group Inc. ( AAL ) has also flipped back to profitability and is experiencing strong top-line growth.

The success of airlines and cruises demonstrates that more people want to travel with restrictions lifted.

Cruise Stock Risks to Keep in Mind

Although cruise stocks have delivered strong year-to-date returns and have made significant progress, the travel sector carries some risk. Some stocks are riskier than others, but Engle says some risks specifically apply to cruise stocks.

"The biggest risk for cruise stocks is sustainable profitability," says Engle. "Many cruise operators are carrying an awful lot of debt, and it is not clear whether they will be able to service it over the long run. Thin profit margins and high debt should always be a cause for concern for investors looking at cyclical industries . Even a mild recession could be enough to devastate cruise operators' bottom lines."

Cruise stocks can continue their run as long as travel demand stays strong. However, any slowdowns can hurt cruise companies that carry significant debt. Cruise stock investors should carefully monitor travel demand to gauge the risk of their investments.

Investors seeking exposure to heightened travel demand may want to consider these seven top cruise stocks:

Carnival Corp. & PLC ( CCL )

Carnival shares have more than doubled year to date as more travelers return to cruises. The company reported $4.9 billion in revenue in the second quarter, more than doubling its growth year over year. It is also the highest quarterly revenue number the corporation has ever reported. Total customer deposits also reached an all-time high of $7.2 billion, eclipsing the previous record of $6 billion in May 2019.

Carnival also reported a better-than-expected net loss of $407 million. Previous guidance suggested a second-quarter net loss between $425 million and $525 million. In a press release, Carnival CEO Josh Weinstein expressed confidence in the company's ability to continue its progress.

"With bookings and customer deposits hitting all-time highs, we are clearly gaining momentum on an upward trajectory."

Royal Caribbean Cruises Ltd. ( RCL )

Royal Caribbean shares have also doubled year to date, and the company is almost back to profitability. The company reported $2.9 billion in revenue and a $47.9 million net loss (19 cents per share) in the first quarter. Full-year guidance calls for adjusted earnings per share in the range of $4.40 to $4.80 per share.

A return to profitability can mean a dividend isn't too far away. While management said there is no plan to declare or pay dividends in the near future, a return to payouts in 2024 or 2025 would be a welcome development for investors.

Prior to the pandemic, Royal Caribbean had been a reliable dividend growth stock since 2011. During that time span, the annual dividend jumped from $0.40 per share to $3.12 per share.

Royal Caribbean CEO Jason Liberty remains optimistic that the rising trend of cruises will hold its ground.

"Leisure travel continues to strengthen as consumer spend further shifts toward experiences," Liberty said in a May 4 press release. "Demand for our brands is outpacing broader travel due to a strong rebound and an attractive value proposition."

Raised guidance also indicates the confidence leadership has in the underlying business.

Norwegian Cruise Line Holdings Ltd. ( NCLH )

NCLH stock hasn't doubled like the other cruise stocks, but it has still outperformed the market with a nearly 70% year-to-date gain. The company reported $1.8 billion in revenue for the quarter ended March 31, which represents 249% year-over-year growth. Its annual revenue as of March 31 was $6.1 billion, a 426.5% increase year over year. Norwegian had a quarterly net loss of $159.3 million, or 38 cents per share.

Norwegian met or exceeded guidance on all key metrics in the first quarter. The company believes it can achieve a full-year adjusted EPS of 75 cents, an increase from its prior estimate of 70 cents. The company is going through a CEO transition, with Frank Del Rio passing the helm to Harry Sommer at the end of June. In his last press release as CEO, Del Rio informed shareholders that the company is "solidly positioned for 2023 and beyond" and has completed its post-pandemic operational recovery.

Lindblad Expeditions Holdings Inc. ( LIND )

Lindblad Expeditions is a smaller cruise stock, with a $558 million market cap that has rewarded shareholders with a 35.6% year-to-date return as of July 17. The company reported $143.4 million in revenue in the first quarter, representing a 167% revenue increase from Q1 2019 and a 111% revenue increase from Q1 2022.

The company has growing occupancy rates and reported a quarterly net income of $621,000. That is a significant improvement from last year's net loss of $41.7 million in Q1 2022.

Leadership remains confident in the booming demand for cruise travel, setting full-year tour revenue guidance at $550 million to $575 million and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA , at $70 million to $80 million. The company has also planned a $35 million stock repurchase program.

Agilysys Inc. ( AGYS )

Agilysys provides software for the hospitality industry, giving it some exposure to cruise lines. The company also serves other sectors, such as hotels, resorts, stadiums and higher education.

Agilysys reported 21.8% year-over-year revenue growth to a record $198 million in fiscal year 2023, which ended on March 31. The company also reported $14.6 million in net income, more than doubling its growth from FY 2022. A healthy 60% of the company's total revenue is recurring, which makes it more feasible for the company to maintain profit margins.

Agilysys hasn't soared like pure-play cruise stocks. In fact, the stock is down roughly 14.3% year to date as of July 17. However, AGYS shares are up more than 300% over the past five years.

OneSpaWorld Holdings Ltd. ( OSW )

OneSpaWorld Holdings provides spas, wellness and treatments on cruises and on land. Shares have jumped 28% year to date as the rising demand for cruise travel means more demand for OneSpaWorld's services.

The company reported $182.5 million in total revenues in Q1 2023. That's more than double the amount of revenue that the company generated in Q1 2022. Leonard Fluxman, OneSpaWorld's CEO, indicated back in May that second-quarter results were already looking promising.

"Our second quarter 2023 performance is off to a positive start, and we expect our favorable momentum to continue to build throughout the year," Fluxman said.

World Kinect Corp. ( WKC )

World Kinect Corp., formerly known as World Fuel Services Corp., is an energy, commodities and services company. The corporation sells more than 50 fuel products and has delivered over 18 billion gallons of fuel.

Cruise ships that need fuel to cover vast distances turn to companies like World Kinect. The return of travel helped the company generate about $59 billion in revenue in 2022.

Revenue growth decelerated in 2023, and the company also reported a 13% year-over-year decline in net income in the first quarter. Aviation and marine segments both experienced double-digit year-over-year gains in gross income, though.

Ira Birns, chief financial officer of World Kinect, emphasized the company's solid numbers in a Q1 press release: "Our balance sheet remains strong, providing significant liquidity to drive growth and continued investment in products and services that will further support our strategic priorities."

Should You Get On Board with Cruise Stocks?

Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.

However, cruise stocks have their risks. The gains may become muted in future years as year-over-year comps become more challenging. Investors should also monitor how cruise lines cover their long-term debt and track whether the demand for travel remains this elevated.

5 of the Best Travel Stocks to Buy

Wayne Duggan June 14, 2023

Tags: Norwegian Cruise Line , Royal Caribbean Cruises , Cruises , investing , money , Carnival Corp. , Travel , Airlines , Delta Airlines , American Airlines

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Top Cruise Line Stocks for 2023

CCL, NCLH, and RCL are top for value, growth, and performance, respectively

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Cruise line companies are seeing a strong rebound after years of COVID-related setbacks, with passenger booking rates up industry-wide. Still, just one stock—Royal Caribbean Group—has outperformed the broader market in the last year.

Royal Caribbean shares are up about 42% in the last year, while the benchmark Russell 1000 Index is up just over 1%. All other cruise industry stocks have lost value in the past year, a sign there could still be room for further recovery.

Below, we look at the top cruise line stocks for 2023 based on best value, fastest growth, and best performance. The Russell 1000 benchmark figure above is as of May 29, while all other data throughout are as of May 23.

These are the cruise line stocks with the lowest 12-month trailing price-to-sales (P/S) ratio . For companies in early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business's value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The price-to-sales ratio shows how much you're paying for the stock for each dollar of sales generated.

Source: YCharts

• Carnival Corp.:  Carnival operates the world’s largest fleet of cruise ships. The company also owns travel-related properties such as hotels and vacation destinations. Carnival shares have fallen 16% in the last year while revenues nearly tripled for the first quarter of the year as a result of surging demand post-pandemic.
• Norwegian Cruise Line Holdings Ltd.: Norwegian Cruise Line operates a fleet of passenger cruise ships. In addition, the company offers itineraries and theme cruises. Norwegian's revenue more than tripled for the first three months of the year as it ramped up cruise voyages again following COVID-19.
• Lindblad Expeditions Holdings Inc.: Lindblad Expeditions owns and operates cruise ships and provides expedition cruising and travel services. The company offers both sea-based and land-based expeditions. Lindblad shares have plunged by 22% in the last year, making it among the worst-performing cruise line stocks that we looked at.

These are the cruise line stocks with the highest  year-over-year (YOY)  sales growth for the most recent quarter. Rising sales can help investors to identify companies that are able to grow revenue organically or through other means and to find growing companies that have not yet reached profitability.

In addition, accounting factors that may not reflect the overall strength of the business can significantly influence  earnings per share (EPS) . However, sales growth can also prove to be potentially misleading about the strength of a business—growing sales does not guarantee a company will eventually become profitable.

• Norwegian Cruise Line Holdings Ltd.: See company description above.
• Carnival Corp.:  See company description above.
• Royal Caribbean Group: Royal Caribbean Group, formerly known as Royal Caribbean Cruises, operates either directly or through joint ventures a fleet of 64 ships with a total capacity of 150,000 berths. Total revenue almost tripled in the most recent quarter, driven by rebounds in both passenger ticket sales and onboard revenue.

These are the cruise line stocks that had the highest returns or smallest declines in total return over the past 12 months out of the companies we looked at.

• Royal Caribbean Group: See company description above.

Shareholder Perks: A little-known benefit of holding cruise line stocks is that they offer shareholder perks. For instance, investors who hold at least 100 Carnival shares are entitled to a $250 onboard credit for cruises that are 14 days or longer, a $100 credit for cruises between 7 and 13 days, and a $50 credit for sailings of six days or less. Similarly, both Royal Caribbean and Norwegian Cruise Line offer comparable shareholder benefits. To claim these benefits, investors need to provide proof of ownership, such as a shareholder proxy card or a copy of a current brokerage statement.

Pent-Up Demand: Cruise line companies have seen a rebound in demand as customers book cruises they had put on hold during COVID-19. This positions operators in the sector to boost profits as fleets are back at total capacity with reduced COVID requirements. In March 2023, for example, Carnival Cruise Lines said it had reached record future bookings.

High Debt Load: Cruise line companies racked up substantial debt over the past several years to stay afloat during the pandemic. With inflation leading to higher fuel costs and rising interest rates , these elevated debt levels will become increasingly difficult to service, increasing the risk of the companies offering new shares to raise capital , thus diluting the stakes of current shareholders.

Future Pandemics: Cruise Line stocks sank during the pandemic, with the sector facing multiple challenges from bad publicity, no-sail orders, and a sluggish recovery. In the early stages of the health crisis, reports of major outbreaks spreading onboard put downward pressure on the group. Selling accelerated as the Centers for Disease Control and Prevention (CDC) issued and extended no-sail orders. Although forward bookings have bounced back, these challenges remind investors that future pandemics remain a risk for cruise line stocks.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our  warranty and liability disclaimer  for more info.

As of the date this article was written, the author does not own any of the above stocks.

The Maritime Executive. " Cruising’s Rebound Raises Hopes of Normalcy Going Forward ."

YCharts. " Financial Data ."

Carnival Corp. " CARNIVAL CORPORATION & PLC PROVIDES FIRST QUARTER 2023 BUSINESS UPDATE ."

Norwegian Cruise Line Holdings Ltd. " Norwegian Cruise Line Holdings Reports First Quarter 2023 Financial Results ."

Royal Caribbean Cruises Ltd. " Form 10-K for the fiscal year ended December 31, 2022 ." Page 2.

Royal Caribbean Group. " ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER EARNINGS AND INCREASES FULL YEAR GUIDANCE ON STRONG REVENUE OUTLOOK ."

Cruise Radio. " Overview: Cruise Line Stock Benefits for Shareholders ."

Fox Business. " Carnival Cruise Lines has record future bookings, demand rebounds ."

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News & Insights

3 Top Cruise Ship Stocks To Watch in 2022

June 13, 2022 — 01:21 pm EDT

Written by Kathy Evans for GOBankingRates  ->

Wondering which stocks are hot on the market this year? Despite the proliferation of omicron COVID-19 variants, the cruise industry has rebounded remarkably well, with major cruise lines returning their full fleets to service and, in some cases, anticipating record-breaking bookings, according to The Washington Post.

What does this mean for stock investors? Continue reading to learn about the top three cruise stocks to watch in 2022.

Overview of the Cruise Industry

The cruise industry consists of all business entities involved with tourism and transport on cruise ships. Cruise industry operations include cruise lines, cruise ship manufacturers and entertainment companies that specialize in cruise ship entertainment.

About Cruise Lines

A cruise line is a company that operates fleets of cruise ships and sells cruise experiences to customers. An all-inclusive cruise ticket will usually include:

• A stateroom aboard the cruise ship
• A variety of entertainment
• Stops at specified travel destinations, such as port stops

Global cruise lines are a major part of the larger travel industry that includes entertainment, leisure and hospitality management. For this reason, investors may see the benefits of buying stock in the rebounding cruise line companies.

Exploring the Top 3 Cruise Ship Stocks

Although cruise ship companies have suffered financial losses due to the COVID-19 pandemic , investors can be hopeful for a strong rebound. Here’s a look at the three largest cruise line stocks based on market capitalization. As major players, they could prove to be bellwethers for cruise stocks overall.

Here’s some information about the three major companies in the cruise industry to help you make sound investment decisions if you choose to buy cruise line stocks in 2022.

1. Carnival Cruise Line (CCL)

Carnival, the world’s largest cruise line operator, cruises to destinations all over the world. The cruise line’s Carnival Pride began sailing again in September 2021 — the first ship to set sail from the Baltimore cruise terminal in 18 months. This was a big deal as the world continued to reopen.

Prioritizing public health, Carnival aims to restore consumer confidence as a leading force in global economic recovery, travel and tourism. The company still has a strict vaccination policy in effect for European and transpacific cruises and requires pre-cruise COVID tests.

The stock is down significantly since last June despite Carnival making good headway toward a return to profitability by the third quarter of 2022, according to The Maritime Executive, reporting on an earnings call with investors. Major markets other than China have reopened, and the company is operating at 75% capacity. That figure should improve as Carnival tackles the staffing shortages that have hindered recovery across all the cruise lines and forced the company to cancel some passengers’ reservations.

2. Royal Caribbean Cruises Ltd. (RCL)

Royal Caribbean is the second largest in cruise line operations, after Carnival, and it includes three popular subsidiary cruise lines: Royal Caribbean International, Celebrity Cruises and Silversea Cruises. Like Carnival, Royal Caribbean is emphasizing safety with vaccine and COVID testing requirements.

Prior to the pandemic, Royal Caribbean had placed orders for a number of new cruise ships, including a brand new class called the Icon Class, according to the company’s blog. Although Royal Caribbean has had to scale back its timelines, passengers can still expect a number of new ships to come available over the next year or two.

Cruising enhancements will include:

• Adjusted passenger capacity
• Additional health and safety protocols
• Adhering to government and health authority guidance from the Healthy Sail Panel

Royal Caribbean, like other stocks, l ost much of its recent gains to the spread of omicron . However, in the first-quarter earnings last month, CEO Jason Liberty said the company is seeing strong demand that’s moving toward pre-COVID levels. He also noted that Royal Caribbean is implementing aggressive hiring efforts to overcome staffing shortages. Those shortages have prompted the cruise line to sail at less than full capacity at a time when capacity is already reduced. But over the long term, Royal Caribbean’s ability to adjust to changing economic conditions could prompt investors to seriously consider adding RCL stock to their investment portfolio.

3. Norwegian Cruise Line Holdings (NCLH)

Coming in as the third-largest cruise line in the world, Norwegian has a fleet of 17 ships that typically sail to more than 490 global destinations. By 2027, the cruise line plans to add nine ships to its inventory.

Norwegian, like its competitors, still has COVID vaccination and testing requirements in place — a situation unlikely to change in the near future, TheStreet reported. This means all three cruise lines stand on equal footing with passengers who prioritize COVID measures when traveling — and noncompliant individuals who choose alternative means of travel.

The cruise line reached a major milestone during the first quarter of the year when the last ship in its fleet resumed sailing, the company announced in a press release. It’s still working on ramping up occupancy amid high demand and hopes to achieve record net yields for the full year 2023. Analysts are bullish on the stock, giving it a “buy” rating and an average price target of $25.22, according to InvestorsObserver.

What To Consider Before Investing In Cruise Stocks

People worldwide have been waiting anxiously to resume their vacations aboard cruise ships. Investors could consider this eagerness a sign that the cruise industry might be a great place to invest despite economic uncertainty and ongoing challenges due to COVID.

Savvy investors concentrate on industries and businesses that they know, understand and thoroughly research before buying stock. Sound investing involves learning companies’ business models and how they compare to other companies in the same industry.

With as much knowledge as possible about the cruise ship industry and how well the cruise lines are positioned, well-educated investors have a leg up over other investors.

What’s the Deal on Cruise Line Stocks Today?

Despite being one of the hardest-hit industries by the pandemic, cruise line stocks could be poised to rebound. Recovery thus far has been uneven, however, and some of the cruise industry’s early gains have been lost as the omicron variant tempers the cruise lines’ ability to meet demand.

Good To Know The 2021 Cruise Industry News Annual Report indicates that the Caribbean, Mediterranean and Asia/Pacific regions account for the three largest markets of the world’s cruise capacity. However, a number of cruise lines have canceled Asia cruises for 2022.

As the focus on responsible tourism gains momentum in light of the impacts of the COVID-19 pandemic, the cruise industry continues its commitment to a healthier and prosperous future. Carnival, Royal Caribbean and Norwegian cruise lines are making strides to come back with a vengeance.

Will investors get a good return on their investment in these cruise line stocks? Time will tell.

Daria Uhlig contributed to the reporting for this article.

Data is accurate as of June 9, 2022, and is subject to change .

This article has been updated with additional reporting since its original publication.

This article originally appeared on GOBankingRates.com : 3 Top Cruise Ship Stocks To Watch in 2022

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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To tap into India’s domestic tourism potential, MSC Cruises, Norwegian, Royal Caribbean Cruise and Costa will bring their respective vessels in India for the winter season. India's cruise industry aims to increase the number of passengers from 0.2 million in 2016 to four million by 2041. Additionally, the sector's revenue is projected to grow from INR 712 crore in 2016 to INR 35,500 crore by 2041.

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• Updated On Jun 20, 2023 at 09:50 AM IST

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• Premium Statistic Number of cruise ships handled in ports across India FY 2018-2023
• Premium Statistic Number of cruise ship passengers handled across India FY 2023, by port
• Basic Statistic Passenger traffic in non-major ports India FY 2009-2022

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Investing in cruise ship stocks

No-sail mandates sparked by covid-19 tethered cruise ship lines around the world. but they could be poised for a comeback..

In this guide

What are cruise ship stocks?

How to invest in the cruise ship sector, what stocks are in the cruise line sector, why invest in the cruise ship sector, what unique risks does the cruise ship sector face, compare trading platforms, bottom line, frequently asked questions.

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How to invest in

Cruise ship stocks are ownership in companies that run cruise ships and transport passengers to their destinations while offering comfort and entertainment along the way. With a projected value of $23.8 billion in 2021, the global cruise ship industry includes more than 270 ships powered by more than 50 cruise lines. Three companies own about 75% of the market share: Royal Caribbean, Carnival and Norwegian. The first two pay dividends to shareholders.

There are several ways you can get your feet wet with cruise line investing. You can buy shares of individual cruise stocks. Or you can purchase shares of an ETF that invests in multiple cruise ship stocks and possibly other stocks in the travel industry. Here’s how to start:

• Choose a stock trading platform. You have plenty to choose from, so be sure to compare your options to find the one that works best for you.
• Open your account. Be ready with your ID, Social Security number and bank account information.
• Fund your account. You’ll need to transfer money to your brokerage account before you can start investing. Some platforms let you start with as little as $1.
• Search for stocks. Look up stocks by ticker symbol or use a stock screener to filter the types you’re interested in.
• Place an order. Once you’ve found an investment you want, specify how much of it you wish to purchase and submit your order.
• Monitor your investments. Track the performance of your portfolio by logging on to your account.

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Royal Caribbean Cruises (RCL.US)

Company summary, historical performance, stock information.

• Market capitalization : $35127685120
• P/E ratio : 21.5883
• PEG ratio : 0.6259
• Dividend yield : N/A%

Carnival Corporation (CCL.US)

• Market capitalization : $22245947392
• PEG ratio : 1.41

Norwegian Cruise Line (NCLH.US)

• Market capitalization : $8581244928
• P/E ratio : 51.6923
• PEG ratio : 0.4362

Lindblad Expeditions (LIND.US)

• Market capitalization : $495023424
• PEG ratio : 0

What ETFs track the Cruise Ship sector?

You can also invest in ETFs that hold cruise ship stocks along with equities from companies in other industries. Here are some to consider:

• The First Trust Consumer Discretionary AlphaDEX Fund (FXD)
• Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD)
• Invesco S&P 500 High Beta ETF (SPHB)
• Pacer Lunt Large Cap Alternator ETF (ALTL)
• ProShares Equities for Rising Rates ETF (EQRR)
• VanEck Vectors Africa Index ETF (AFK)
• SPDR S&P 500 ETF Trust (SPY)
• iShares Core S&P 500 ETF (IVV)
• Vanguard Mid-Cap ETF (VO)
• Vanguard S&P 500 ETF (VOO)

Cruise stocks can surge in strong economies when people have more disposable income to travel. In fact, prior to 2020, the cruise ship business was one of the fastest-growing sectors in the travel industry. In 2018, the global cruise ship industry was valued at about $150 billion. In 2019, it generated $5.5 billion in economic activity in the US alone, marking a 5.3% increase from 2018, according to the Cruise Lines International Association (CLIA), which represents most of the globe’s cruise ship companies. This was fueled by a spike in people looking to take cruise vacations. In 2019, more than 1.37 million people boarded cruise ships that took off from US ports. That translated to an 8% increase from 2018 and a 26% increase from five years prior. But downturns in the global economy and the wider travel industry can cause cruise stocks to take a major plunge.

The cruise ship industry is connected to a wide variety of businesses that help keep it afloat. For instance, cruise ships need large amounts of fuel to operate. If volatility erupts in the energy sector and fuel prices rise, it may take a toll on cruise line company earnings. In fact, there are many sectors with the potential to impact cruise ship stocks:

• Food and beverage
• Hospitality and leisure
• Arts and entertainment
• Finance and insurance

And of course, travel restrictions mean fewer people on cruise ships and less money in the pockets of cruise companies — as made evident by the COVID-19 pandemic. COVID-19 took its toll on a broad range of businesses across the globe, but one of the hardest-hit sectors was the cruise line industry. But, with the 2021 nationwide vaccine campaign well underway, the CDC has stated that Americans are safe to travel domestically if they’ve received their COVID-19 vaccination. And things are looking up for cruise line stocks. Major players in this sector have already begun the slow process of pandemic recovery. And some stocks, like Lindblad Expeditions Holdings, have regained everything lost through 2020 and then some — now trading near an all-time high. This sector is working hard to regain its losses and has already initiated the slow climb to recovery.

To invest, you’ll need a brokerage account. Explore your options below.

Cruise ship stocks took a major hit from COVID-19, but evidence suggests the industry is working diligently to recover. The extent to which it recovers and how it will take remains uncertain. Depending on the type of investor you are, this may look like and immense risk or an opportunity. It’s important to do your due diligence and carefully analyze cruise ship stocks and your own risk tolerance before investing.

Why does it seem there aren’t many cruise ship stocks? Only three companies own about 75% of the cruise ship market. While you may have heard of numerous cruise lines, there’s a good chance these are subsidiaries of Caribbean Cruise, Carnival or Norwegian. What cruise ship mutual funds can I invest in? You can invest in a number of mutual funds that have exposure to cruise ship stocks. But keep in mind that cruise ship stocks only make a small fraction of the holdings of most funds. Examples include the Vanguard 500 Index Fund (VFIAX) and the Fidelity 500 Index Fund (FXAIX).

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money .

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own .

Javier Simon

Javier Simon is a freelance finance writer at Finder and a certified educator in personal finance (CEPF). He’s featured on NerdWallet, Bankrate, Yahoo Finance and Fox Business, where he’s shared his expertise on personal finance topics, such as investing, retirement planning, taxes, budgeting and savings. He has also covered breaking news, such as student loan forgiveness initiatives, the housing market and inflation’s impact on consumers’ wallets. His passion is turning complex financial concepts into actionable content that can help people improve their financial lives. Javier holds a bachelor’s degree in multimedia journalism from SUNY Plattsburgh.

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