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Show Notes
Norwegian Cruise Line (NCLH) came up a little short in its 1Q earnings report. Steven E. Orr says overall cruise ships are doing well right now, and points to the earnings beat from Royal Caribbean (RCL). For NCLH, he likes their adjustments in fleet ownership but says cash on hand is lower than RCL which could be a concern. Steven likes the industry trend in targeting repeat cruise customers and looking for cost-cutting in its energy usage.
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