Here is the article.
massive rallies and selloffs in the stocks in the group become the norm, including Norwegian (NCLH)
Shares in Norwegian have carved out a channel between $13 and $19, give or take, in the past few months, following a spike to $27 in June. We find the stock at just about the midpoint of that channel now, so I won’t opine on the near-term direction of the stock, as anything could happen. However, longer term, I have some concerns about the group in general, and it appears to me Norwegian may be priced a bit optimistically.
No comments:
Post a Comment