Could Royal Caribbean Be a Millionaire Maker Stock?

Rich Duprey, The Motley Fool
·4-min read
Could Royal Caribbean Be a Millionaire Maker Stock?

Shares of Royal Caribbean (NYSE: RCL) have nearly quadrupled in value from their March lows but remain 45% below where they started 2020, as the coronavirus pandemic has canceled virtually all cruise ship activity until next year. With that as a backdrop, let's consider whether Royal Caribbean can be a millionaire-maker stock. The cruise ship industry is battling more than just the COVID-19 outbreak.