12 Best Cruise Stocks to Buy According to Hedge Funds

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9. OneSpaWorld Holdings Limited (NASDAQ:OSW)

Number of Hedge Fund Holders: 29

OneSpaWorld Holdings Limited (NASDAQ:OSW) operates in around 195 cruise ships at approximately 50 destination resorts around the globe. Its services include self-service fitness facilities, salons, skin care, traditional body services, pain management, comprehensive body composition analyses, detoxifying programs, advanced medi-spa services, and more. The company’s brand portfolio encompasses ELEMIS, Kerastase, BOTOX Cosmetic, Dysport, Restylane, Perlane, Thermage, CoolSculpting, truSculpt 3D, and truSculpt iD, and others. OneSpaWorld Holdings Limited (NASDAQ:OSW) operates on several cruise lines, including Costa Cruises, Norwegian Cruise Line, Regent Seven Seas Cruises, Seabourn Cruise Line, and more.

Fiscal 2024 marked the second consecutive year of record performance by OneSpaWorld Holdings Limited (NASDAQ:OSW). The company’s positive operations are attributed to its strong financial position, innovation across its business portfolio, and global operations.

The company also reported strong fiscal Q4 2024 results, with total revenues growing 11% to $217.2 million compared to $194.8 million in fiscal Q4 2023. Total revenues for 2024 increased 13% to a record $895 million compared to $794 million in fiscal year 2023. Similarly, income from operations rose 37% to $17.2 million compared to $12.6 million in fiscal Q4 2023. OneSpaWorld Holdings Limited (NASDAQ:OSW) takes the ninth spot on our list of the best cruise stocks to invest in.

Ariel Small Cap Value Strategy was also bullish on OneSpaWorld Holdings Limited (NASDAQ:OSW) and said the following in its Q4 2024 investor letter:

“Provider of wellness services onboard cruise ships and destination resorts, OneSpaWorld Holdings Limited (NASDAQ:OSW), also traded higher as strong consumer trends drove another significant earnings beat and subsequent raise in full year guidance. Meanwhile, management strengthened the balance sheet by paying down and restructuring its expensive first lien term loan as well as ramped up capital returns to shareholders through buybacks and dividends.”

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