Billionaire George Soros’ Long-Term Stock Picks

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6. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Number of Hedge Fund Holders: 33 

Soros Fund Management’s Stake: $31.4 million

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) operates as a cruise company, offering dining, accommodations, entertainment, family cruising, spas, casinos, golf, travel protection, and hotel packages. This company emerges as a prime investment opportunity for several reasons. First and foremost, as per the reports for the third quarter of 2024, generated total revenue was $2.8 billion, an 11% increase compared to the same period in 2023 on 4% capacity growth. GAAP net income was $474.9 million, a 37% increase compared to the third quarter of 2023, with EPS increasing $0.24, or 34%, to $0.95. This demonstrates that the performance was driven by strong revenue growth and continued execution of cost reductions and efficiencies, which offset a $0.06 per share negative impact from foreign exchange rates in the quarter.

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