Recent Buy: Royal Caribbean

There comes a point in the history of a portfolio where it has to move past the safer bets and move on to picks that are outside of the normal channel or realm. We move to a point where bets are on and the market and humanity will guide our next move forward. That being the case, I’ve differed to the judgment of my grandparents.

I know this isn’t always the immediate gut reaction when it comes to investing but sometimes it’s a great move when you’re stuck on what to dip your portfolio into next. I have been feeling a bit jaded lately and that has spilled over into having very little to write about. This has also made it tough to think of companies to evaluate. That’s why I moved to the preference of a generation that is removed from my own to see from a different angle what I may not be seeing.

One could argue that I should have seen their answer coming but it was an immediate gut response from them that I should look at cruise lines. In the past I have hurried past these stocks as they seemed all to cyclical and as we are in an upswing, overpriced. Regardless, I paid them a look – Carnival, Royal, and Norwegian. All three stocks actually showed way more promise than I had initially thought. One clear winner however emerged from the pack. That winner was Royal Caribbean. Let me share why.