RCL — All updates

Let's talk about Royal Caribbean this morning and its rating upgrade. Yes, there is a good report from Bank of America about Royal Caribbean. They are upgrading its rating to " buy" from "neutral".

They are maintaining their $ 330 target price for Royal Caribbean. That hasn't helped it sail at the moment, but they expect more momentum here. The argument lies in the evaluation. I think the stocks have fallen too much.

Then we have three in consumer discretionary Planet Fitness, Royal Caribbean, and Five Below.

We're also going to highlight one sort of bottom fishing candidate. Royal Caribbean does not score well based on the RRG. But if you're more of a contrarian and looking for stocks that are beaten down, maybe stocks testing key support as I feel RCL may be doing, looking at the lagging quadrant isn't a bad thing.

I don't think that's an avoid uh area necessarily. It just tells you which stocks are in which phases.