12 Best Cruise Stocks to Buy According to Hedge Funds

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7. Travel + Leisure Co. (NYSE:TNL)

Number of Hedge Fund Holders: 38

Travel + Leisure Co. (NYSE:TNL) offers vacation ownership, managed rental, and exchange services. The company owns exchange properties and vacation resorts, and its comprehensive cruise coverage enables users to get the best deals, the newest ships, and immersive itineraries on the high seas. Its offerings include Alaskan, All-Inclusive, Caribbean, Disney, European, Family, and River cruises.

Travel + Leisure Co. (NYSE:TNL) ended fiscal 2024 with strong momentum, which is continuing in 2025. It delivered $929 million of adjusted EBITDA for 2024, with its vacation ownership businesses fueling its 2024 success and growing 8%. The company also experienced growth returns to travel and membership with adjusted EBITDA. Its Vacation Club sales for the year fell within the expected range, and Tours grew 8%. The overall result was a 7% rise in enterprise-wide gross vacation ownership sales, reflecting the company’s positive operations.

In a report released on March 21, Stephen Grambling from Morgan Stanley maintained a Buy rating on Travel + Leisure Co. (NYSE:TNL) with a price target of $61.00. The company takes seventh place on our list of the top cruise stocks to invest in according to hedge funds.

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