12 Best Cruise Stocks to Buy According to Hedge Funds

Page 2 of 11

10. Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Number of Hedge Fund Holders: 27

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) is an experiential travel operator that offers immersive ship and land-based journeys through its six pioneering brands across all seven continents. Its operations are divided into Lindblad and Land Experiences. The Lindblad segment offers ship-based expeditions.

2024 was a record-breaking year for the company, with revenues growing by 13% to $645 million. Its Land segment reported a 29% revenue growth, while the Lindblad segment’s tour revenue rose 7%. This growth was attributed to improvement across all key metrics for the company, including accelerating yields in all quarters of 2024. Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) also reported a 28% rise in adjusted EBITDA for the year, with margins increasing 170 basis points to 14.4%.

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) thus has strong operations. It is seeing bookings continually trending ahead of 2024 in 2025 and 2026 in both the Expedition and Land segments. Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) on March 11. The company ranks tenth on our list of the top cruise stocks to buy according to hedge funds. Parnassus Core Equity Fund stated the following regarding Linde plc (NASDAQ:LIN) in its Q4 2024 investor letter:

“Linde plc (NASDAQ:LIN) exceeded consensus expectations with its latest quarterly earnings, but lower-than-expected full-year guidance weighed on its stock. The global industrial gas provider could see a short-term impact from tightening economic conditions in its major markets.”

Page 2 of 11