Wall Street analyst thinks cruise recovery is many years away
Wall Street analyst Chris Woronka of Deutsche Bank wrote a note that predicts in the long run cruise lines will recover from the COVID-19 pandemic, but it will take many years to accomplish.
While he does not see the cruise line stocks of Carnival, Norwegian or Royal Caribbean being low enough to buy right now, in the long term Woronka sees these stocks recovering after getting torpedoed by the COVID-19 panic.