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Show Notes
Royal Caribbean Group (RCL) stock has taken a hit along with its peers in the cruise line sector, but Landon Swan, co-founder of LikeFolio, believes the company's strong fundamentals and affluent customer base will help it weather the storm. Swan notes that while record bookings may be slowing slightly, Royal Caribbean is still outperforming its competitors, with onboard spending up 20% and a younger, more modern fleet. However, with the stock up $50 from its recent lows, Swan thinks it may be due for a short-term pullback, making it a "buy the dip" opportunity for long-term investors.
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