How to buy Norwegian Cruise Line shares?
Norwegian Cruise Line is a well-known provider of cruises. As long as the economy is performing well, it seems that people still like to board a cruise ship. It may then be attractive to buy Norwegian Cruise Line shares. In this article we will discuss how you can best do this & you can also find the latest stock price here.
Where can you buy Norwegian Cruise Line stocks?
Do you want to buy Norwegian Cruise Line shares? You can directly trade in Norwegian stocks with one of these reliable brokers:
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How can you actively invest in Norwegian Cruise Line?
A good broker where you can actively trade in Norwegian Cruise Line CFD shares is Plus500. Norwegian is a good stock for active speculation: you saw during the corona pandemic that the share price quickly dropped tens of percents. Use the button below to immediately open a free demo at Plus500:
What is the stock price of Norwegian Cruise Line?
Would you like to know how the CFD price of Norwegian shares is developing? The chart below shows the price at which you can buy & sell CFD shares in Norwegian Cruise Line. Use the buttons to open a position:
Is it wise to invest in Norwegian Cruise Lines?
An investment in Norwegian Cruise Lines can certainly work out well: cruises are hugely popular and the cost of a cruise is high. The resilience of the company became clear during the corona pandemic: as the company has sufficient cash, it can bridge this period. In addition, the company immediately received new bookings, which can be a good signal since a lot of revenue that is not being made now can still be made later.
However, it is important to keep a close eye on how governments deal with cruises. Cruises are not exactly good for the environment, so governments can take measures in the future to limit this type of holiday. It is therefore important to keep a close eye on the latest trends when considering investing in Norwegian Cruise Line shares.
About Norwegian Cruise Line
The shipping company Norwegian Cruise line (NCL) operates cruise ships. The head office of this cruise line is located in Miami, Florida. The company operates cruises in the Caribbean. Norwegian Cruise Lines also operates in other parts of the world, such as Alaska, Bermuda, Europe and Hawaii.
The company was active in Australia between 1997 and 2001 under the name Norwegian Capricorn Line. Star Cruises, the parent company of Norwegian Cruise Line, sold 50% of the company to Star Management for one billion dollars in 2007.
This innovative cruise company introduced the freestyle cruising concept on the cruise ships. On the cruise ships with more than 12 restaurants, passengers can dine whenever they want. They can leave their dinner jacket or evening dress at home, because there are no strict clothing regulations.
Knut Kloster and Ted Arison founded the company in 1966. At that time the name of the company was Norwegian Caribbean Line. The company, which had an 830-ton cruise ship/ferry, offered low-cost cruises in the Caribbean. Arison left fairly soon after the company was founded, after which he founded Carnival Cruise Lines.
Norwegian Cruise Line gained prestige in 1979 with the purchase of the liner SS France. This liner was converted into a cruise ship. After a conversion costing more than 100 million dollars, the name of the cruise ship SS Norway was given. This ship, which was larger than the ships common at the time, performed well. The reason for the good results of this ship was the greater range of entertainment on offer. The cruise line was led in terms of the switch that cruise lines made to larger cruise ships.
Do you want to buy stocks of this company? Then you need to buy shares of Norwegian Cruise Lines Holding. This international cruise operator operates cruise ships under the brands Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. This company takes passengers to more than 510 destinations around the world.
Norwegian Cruise Lines wants to sail again
The cruise industry has also been hit hard by the outbreak of COVID-19. Since 14 April 2021, cruise ships have not been allowed to leave the port. The major American cruise companies Royal Caribbean Group and Norwegian Cruise Line have had a report drawn up by medical and scientific experts. The guidelines in this report are intended to guarantee the health of the crew and passengers when the cruise ships return to sea.
What steps must be taken to make cruising safe again? Steps mentioned in the report include testing, wearing mouth masks, better ventilation and better evacuation planning. Do you think that this plan is sufficient to enable cruise ships to sail again quickly? In that case, it might be smart to buy Norwegian Cruise Lines stocks.
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