Purchased some RCL today @41.84.
I like RCL better, even realizing it carries more debt than CCL. I think it is being tarred with the same brush with CCL from CCL's tragedy on Star Princess which will cause a 4-5 cent hit to CCL's bottom line this Q.
From a veteran cruiser's standpoint, I prefer RCL, so that's part of my bias. I also like the fact, as I mentioned before, that Freedom of the Seas, the King Kong of the industry, launches in about two months. I think there will be a big splash (ha-ha) made of that. Yields have been better than average to much better than average.
Risks, of course, include some sort of extraneous event, continued strength in the crude market, avian flu concerns, among others. |
