5 Best Cruise Stocks to Buy Now

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1. The Walt Disney Company (NYSE: DIS)

Number of Hedge Fund Holders: 134

The Walt Disney Company (NYSE: DIS) is a global entertainment company that has also set up its own cruise line operation as a subsidiary. The company is headquartered in Florida and ranks 1st on our list of the best cruise stocks to buy now.

Recently, Cathie Wood’s ARK Investment reportedly paved a position for itself in The Walt Disney Company (NYSE: DIS) by buying over 108,000 shares in the company. This June, The Walt Disney Company (NYSE: DIS) has announced Halloween and Christmas cruises for 2022 and has also announced new test cruises to begin this year. For the fiscal first quarter of 2021, The Walt Disney Company (NYSE: DIS) had EPS of $0.32, beating estimates by $0.66, and its revenue came in at $16.25 billion, beating estimates by $370.74 million. It has a gross profit margin of 30.65%, and the stock gained 2.14% in the past 6 months and 58.33% in the past year.

By the end of the first quarter of 2021, 134 hedge funds out of the 866 tracked by Insider Monkey held stakes in The Walt Disney Company (NYSE: DIS). Their total stake value was roughly $12.5 billion. This is compared to 144 hedge fund holders in the previous quarter.

You can also take a peek at 15 Biggest Shipping Companies In The World and 15 Biggest Travel Companies.

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