5 Best Cruise Stocks To Buy Right Now

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1. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 113

The Walt Disney Company (NYSE:DIS) is a Burbank, California-based media and entertainment corporation. The cruise division of Disney does not receive the same focus as the media and theme parks’ divisions, but the segment contributes significantly to the top and bottom lines of The Walt Disney Company (NYSE:DIS).

The cruise line division of The Walt Disney Company (NYSE:DIS) has five ships under its service. The most recent is Disney Wish, which will start its first voyage on July 19. The Walt Disney Company (NYSE:DIS) intends to add her sister ships in 2024 and 2025. The 4,000-passenger ship has numerous Disney-themed attractions ranging from a Star Wars Lounge to a Marvel-themed dining area.

Here’s what Harding Loevner said about The Walt Disney Company (NYSE:DIS) in its Q1 2022 investor letter:

“The war in Ukraine has given new urgency to the question of whether globalization has reached a tipping point and if the familiar web of decentralized, just-in-time, global supply chains will be a casualty of the inward turn dividing countries into competing trading blocs. It is probably too soon to know. We sold Disney (NYSE:DIS), due to some concerns about the increasing capital intensity of its business amid signs of rising competition and slowing growth in streaming media consumption.”

Of the 912 hedge funds tracked by Insider Monkey’s database that filed 13Fs for the Q1 period, 113 of them held a stake in The Walt Disney Company (NYSE:DIS) as of March 31, up from 111 in the preceding quarter.

You can also take a peek at the Top 10 Stock Picks of Jose Fernandez’s Stepstone Group and The 10 Best Stocks to Buy Now According to Billionaire Paul Tudor Jones.

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