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Why I'll Never Own Carnival Cruise Stock

Why I'll Never Own Carnival Cruise Stock

At first glance, saying "never" to sailing with Carnival (NYSE: CCL) (NYSE: CUK) stock seems like an emotional decision. For all of its problems, Carnival remains the largest cruise line operator by market cap, and it holds the needed resources to survive a shipwreck in the near term. The crisis may even benefit Carnival in one key respect.