Quoted from Elvishasleft:
I had thought about CCL..
A few months ago I would have thought noone would ever want to cruise again after this.
After some time of seeing how completely stupid and reckless most people are anyways I think they have a good shot of coming back.
Plus they are generally cheap vacations and money will be tighter for allot of people.
Cruises are all about getting loaded for allot of people and the lockdown has made countless numbers of new alcoholics too.
I had the same sentiment and realized exactly the same thing. My bet is to buy these stocks exactly once the upcoming lockdown shows up and the people that have been holding on to these stocks panic.... 2 years from now tourism, travel and every company that survived the pandemic in the beat down sector will be making A SHIT LOAD of money.
Think holiday providers for people that want to go south. All the snowbirds in Canada are bitching that they can't go to Florida this season, and some are dumb enough to go even when insurance doesn't cover for Covid 19 related illnesses. Some are getting their cars towed down to Florida for them and they fly.
That should put things into perspective.
I'm buying boat cruises, airlines, trains, tourism industry.... People will PAY to take a getaway after this is all over. Which means another thing AIRBNB IPO. These guys will make an absolute KILLING once this is over. They have proven they can outlast storms because well, they don't need to invest in buildings to make their business model viable.