Is Carnival Corporation (CCL) One of the Best Stocks to Buy According to Jim Simons’ Renaissance Technologies?

From Yahoo Finance: 2025-05-12 15:15:00

Jim Simons’ Renaissance Technologies is known for its quantitative trading strategies, including the secretive Medallion hedge fund, producing impressive returns. Carnival Corporation & plc is one of the best stocks according to Renaissance. Analysts upgrade Carnival’s rating to Equalweight with a lower price target. Carnival’s revenue increased in the first quarter of 2025, ranking 13th in Jim Simons’ best stocks list. While Carnival has potential, AI stocks may offer higher returns in a shorter time frame.

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