How to buy Norwegian Cruise Line shares (2024)?

Norwegian Cruise Line is a well-known provider of cruises. As long as the economy performs well, it seems that people still enjoy getting on a cruise ship. This can make it potentially attractive to buy Norwegian Cruise Line stocks. In this article, we will discuss how you to invest in Norwegian Cruise Line shares, and you can also find the latest stock price here.

How to buy Norwegian Cruise Line shares?

Do you have confidence in the future of this renowned cruise company? Then it may be wise to buy Norwegian Cruise Line shares! It is important to do this with a provider where you can buy and sell shares at low transaction costs. Below you will see an overview of brokers where you can buy Norwegian Cruise Line shares:

BrokersBenefitsRegister
eToro buy stocksBuy Norwegian Cruise Line without commissions. Your capital is at risk. Other fees may apply.
Plus500 trade stocksSpeculate with CFD's on increasing & decreasing prices of Norwegian Cruise Line! 82% of retail CFD accounts lose money.
DEGIRO buy sharesBenefit from low fees, an innovative platform & high security!
Avatrade buy sharesSpeculate on price increases and decreases of Norwegian Cruise Line with a free demo!

What is the stock price of Norwegian Cruise Line?

Are you curious about the performance of Norwegian Cruise Line’s stock price? In the graph below, you can see the price at which you can buy Norwegian Cruise Line stocks. Use the buttons to open a position:

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Company information of Norwegian Cruise Line

Below you will find the key company information of Norwegian Cruise Line.

Analysis of Norwegian Cruise Line shares

Before deciding whether to buy or sell Norwegian Cruise Line shares, it is essential to analyse the stock thoroughly. In the overview below, you can see how Norwegian Cruise Line performed over the past period.

Stock prices of the last 5 days

In the table below, you can see the stock prices of Norwegian Cruise Line for the last 5 days:

What does the Norwegian Cruise Line stock price do in 2024?

Are you curious about what analysts think Norwegian Cruise Line will do in 2024 and the following years? We have combined the predictions of analysts using data from Alpha Vantage. Remember that this figure is just a forecast of the stock price movement of Norwegian Cruise Line and this forecast may not come true.

What are the benefits of investing in Norwegian Cruise Line shares?

  • Strong brand: Norwegian Cruise Line is a strong brand known for its high-quality cruises.
  • Brand diversification: Norwegian Cruise Line operates under three different brands, which allows the company to target different market segments.
  • Focus on innovation: Norwegian Cruise Line places a strong emphasis on innovation by offering new onboard experiences. This allows the company to build a large group of loyal customers.

What are the risks of investing in Norwegian Cruise Line stocks?

  • Dependence on tourism: Norwegian Cruise Line is entirely dependent on tourism. External events such as the coronavirus pandemic can significantly impact its results.
  • Competition: Norwegian Cruise Line faces strong competition from companies such as Carnival Corporation and Royal Caribbean Group.
  • Market fluctuations: Changing spending patterns can affect Norwegian Cruise Line’s results.

Who are the biggest competitors of Norwegian Cruise Line?

  • Carnival Corporation
  • Royal Caribbean Group
  • MSC Cruises

How can you buy Norwegian Cruise Line shares?

  1. Open an investment account: click here to compare different stockbrokers first.
  2. Deposit funds: Before you can deposit funds into your investment account, you need to complete the activation steps.
  3. Select the stock: Navigate within the investment platform to find Norwegian Cruise Line shares.
  4. Buy Norwegian Cruise Line shares: Enter the amount you want to invest in Norwegian Cruise Line stocks.
  5. Evaluate your investment: Take the time to regularly evaluate your investments in Norwegian Cruise Line.

Buying Norwegian Cruise Line shares

About Norwegian Cruise Line

Norwegian Cruise Line (NCL) is a cruise line company. The company’s headquarters is located in Miami, Florida. It operates cruises in the Caribbean and other parts of the world, including Alaska, Bermuda, Europe, and Hawaii.

The company operated in Australia between 1997 and 2001 under the name Norwegian Capricorn Line. In 2007, Star Cruises, the parent company of Norwegian Cruise Line, sold 50% of the company to Star Management for one billion dollars.

This innovative cruise company introduced the concept of “freestyle cruising” on its cruise ships. With over twelve restaurants on board, passengers can dine whenever they want. They can leave their smoking or evening gowns at home as there are no strict dress codes.

Company History

Knut Kloster and Ted Arison founded the company in 1966 under the initial name Norwegian Caribbean Line. The company, with an 830-ton cruise ship/ferry, offered affordable cruises in the Caribbean. Arison left shortly after the company’s establishment and went on to establish Carnival Cruise Lines.

Norwegian Cruise Line gained prominence in 1979 with the acquisition of the ocean liner SS France, which was transformed into a cruise ship. After a renovation costing over 100 million dollars, the ship was renamed the SS Norway cruise ship.

Is it wise to invest in Norwegian Cruise Line stocks?

Investing in Norwegian Cruise Line shares can certainly be interesting: cruises are immensely popular, and the cost of a cruise is high. The company’s resilience was evident during the COVID-19 pandemic as it had sufficient cash to bridge this period. Furthermore, the company received new bookings immediately after restrictions eased, which is a positive sign.

However, it is important to monitor how governments deal with cruises. Cruises are not environmentally friendly, which may lead to future government measures to restrict this form of holiday. Therefore, it is crucial to closely follow the latest trends when considering an investment in Norwegian Cruise Line shares.

Author

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When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click <a href="/about-us/">here</a> to read more about trading.info! Don’t hesitate to leave a comment under this article.

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