Jim Cramer discussed Carnival Corporation & plc on his show, saying the cruise line has been "pretty lucrative" and that he has "never told anyone not to buy it." He noted that Iran peace negotiations could lead to an oil glut, cooling inflation and pulling interest rates down, which would benefit cruise operators through lower fuel costs. Cramer highlighted that all cruise lines are well-run, though he prefers Viking for its upscale, no-kids, no-gambling model. He added that Carnival's upcoming report may offer early clues on the impact of lower fuel costs and changes in destination availability.
Carnival CorporationIran peace negotiations could lead to an oil glut, lowering fuel costs for Carnival.