After multiple quarters of weak performance, we are increasingly concerned that the brand is permanently damaged at some level.
Recent broadcast contract provides near-term stability, while alternative track uses add a layer of upside potential.
Polaris' and Harley-Davidson's competitive clout is intact.
As headline risk subsides and demand normalizes, improving operating and cash flow metrics could support substantial upside for cruise line stocks.
Operational improvements, emerging-market exposure, cash flow stability, and attractive capital deployment offer opportunity.
Even with shipments down, management squeezes out margin gains.
Gap repositions its merchandising; Limited capitalizes on successful marketing.