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Old December 16th, 2009, 12:33 PM
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Default JP Morgan Upgrades Cruise stocks - Dec 16

From Marketwatch...

JPMorgan upgrades both Carnival (CCL) and Royal Caribbean (RCL) to overweight from neutral, saying it anticipates stronger fundamentals in the cruise industry next year. Firm notes that CCL is up 73% and RCL more than 300% since February vs S&P 500's 51%, but says the stocks will still have legs as consumer confidence improves and the macro economy does the same.

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Old December 16th, 2009, 07:04 PM
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Those are good signs, hope it continues and the ecomony does pick up.

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