Carnival Corporation (CCL) Will Be Fine…Don’t Believe Me?

The Walt Disney Company (NYSE:DIS)

Did you think I’d forget this? Disney Cruise Lines is a smaller player, overall, but it has the muscle to do whatever it wants to in the market. It’s also part of an integrated package with DCL management responsible for the Disney Vacation Club, Disney Adventures and a resort in Hawaii. Whatever bad might happen to the cruise sector it won’t happen to Disney’s part of it. The company’s fanatical devotion to customer care and its reputation will allow it to dodge whatever bullets are out there. From a share-price point of view Disney is excellent, growing by just less than 25% in the last year. It pays a dividend of 1.35%, which isn’t going to light anyone up except the most fanatical dividend-lovers, and the P/E of 17.99 indicates that some growth is still anticipated.

The real takeaway here is that Carnival is still a stock worth holding. While it’s all the rage to ask in outraged tones about the company, in a year, heck, in three months, people are going to just have a vague unease about cruises in general and not about Carnival in particular. The media will be on to the next shiny disaster/celebrity/weight loss trick, and Carnival will continue to do well as the economy expands. Make your investment decisions accordingly, and don’t be a part of the stampeding pack.

Good luck!

Follow Nate on Twitter: @natewooley

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The article Carnival Will Be Fine…Don’t Believe Me? originally appeared on Fool.com and is written by Nate Wooley.

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