Getty Images Norwegian Cruise Line ( NCLH ) appears to be missing out on the investor enthusiasm relative to its peers. The stock is down over 12% over the past year, while peers such as Carnival ( CCL ) and Royal Caribbean ( RCL ) are up about 30% in the same period. Seeking Alpha - NCLH 1YR Performance Relative To CCL And RCL I believe the disconnect presents an attractive opportunity today for ...
Getty Images Norwegian Cruise Line ( NCLH ) appears to be missing out on the investor enthusiasm relative to its peers. The stock is down over 12% over the past year, while peers such as Carnival ( CCL ) and Royal Caribbean ( RCL ) are up about 30% in the same period. Seeking Alpha - NCLH 1YR Performance Relative To CCL And RCL I believe the disconnect presents an attractive opportunity today for investors seeking a discounted name that I believe could see momentum higher on a strong overall wave season through 2026. NCLH Stock Key Metrics At current trading valuations , NCLH commands a forward multiple of just under 11x. This compares to a 13x and 18.5x multiple from CCL & RCL, respectively. Shares appear discounted through other measures as well. Another metric that catches my eye is its price-to-cash flow of just 5x. This is well below that of both CCL and RCL. Seeking Alpha - NCLH Valuation Metrics Compared To CCL And RCL The discount follows years of underperformance relative to its peer set since the start of the COVID-19 pandemic. While CCL and RCL both benefitted from returning investors following the worst of the pandemic, NCLH was left in the basement dustbin. Shares are flat to negative over a five-year timespan, while CCL and RCL have turned in gains of 60% and 400%, respectively. Seeking Alpha - NCLH Total Returns Compared To CCL And RCL Is it time for a rebound? Analysts across the board broadly believe so. This includes the Seeking Alpha (“SA”) quants, which provide high marks in seemingly every measurable category. Seeking Alpha - Wall Street Ratings Summary Of NCLH Stock Within the analyst community, Wall Street is highly bullish, with 50% of those covering the stock in the last 90 days rating shares as a ‘strong buy’. This is accompanied by an average price target of just shy of $30/share. I am within this camp, and I believe NCLH can reach its potential over the medium to long term. Seeking Alpha - Wall Street Average Price Target Of NCLH Stock NC...
Summary: For Meta (META) and Microsoft (MSFT), it has indeed been a tale of two tech giants as of late. While Microsoft has struggled, Meta, thanks in part to its dedication to AI and abandonment of the Metaverse, has soared. During a recent episode of The AI Investor Podcast, co-hosts Eric Bleeker and Austin Smith ... A Tale of Two Tech Companies: Meta (META) vs Microsoft (MSFT)
Summary: For Meta (META) and Microsoft (MSFT), it has indeed been a tale of two tech giants as of late. While Microsoft has struggled, Meta, thanks in part to its dedication to AI and abandonment of the Metaverse, has soared. During a recent episode of The AI Investor Podcast, co-hosts Eric Bleeker and Austin Smith ... A Tale of Two Tech Companies: Meta (META) vs Microsoft (MSFT)
asbe/iStock via Getty Images By Ivan Castano Bitcoin's ( BTC-USD ) price may have fallen from last year's highs, but that's not stopping a slew of ETFs from courting investors in hopes that the king of crypto will rebound this year. Regulatory tailwinds, such as the SEC's recent passage of generic listings standards (GLS) and the upcoming The Digital Asset Market Clarity (CLARITY) Act, are also ex...
asbe/iStock via Getty Images By Ivan Castano Bitcoin's ( BTC-USD ) price may have fallen from last year's highs, but that's not stopping a slew of ETFs from courting investors in hopes that the king of crypto will rebound this year. Regulatory tailwinds, such as the SEC's recent passage of generic listings standards (GLS) and the upcoming The Digital Asset Market Clarity (CLARITY) Act, are also expected to boost investor interest in these funds, which raised a whopping $47.2 billion last year, despite $5 billion of withdrawals in the fourth quarter. Traditional finance (TradFi) remains bullish on digital currencies, and many institutions are set to enter the space in the coming months, potentially helping ETF inflows to more than double in 2026, analysts say. "We will absolutely see more inflows this year," said Chris Matta, CEO of consultancy Cryptocollective.io, adding that he expects 25 to 50 new such funds to launch this year. "Though BTC went from roughly $120,000 to $90,000 last year, you still had a huge amount of inflows." Institutions such as banks and asset managers have warmed up to digital currencies amid Washington's policy changes and GLS's rollout. The provisions have been a boon to the $3.3 trillion industry, sharply streamlining ETF listings and sparking a second wave of applications featuring popular altcoins such as Doge ( DOGE-USD ), Cardano ( ADA-USD ) and Polkadot ( DOT-USD ). This momentum is also being reflected in the derivatives market. In February, CME Group expanded its crypto derivatives suite with the launch of Cardano, Chainlink and Stellar futures. This comes off the back of a year of records for the exchange's crypto product suite, with total notional volume up 75% in 2025 vs 2024. Regulatory Shifts Before GLS, crypto ETFs were treated as "special cases" requiring cumbersome filings subject to long delays. Under the new rules, if a crypto asset meets certain preset criteria, an exchange can list it within five days and without an SEC...
Shares of Chinese AI model developer Zhipu have more than doubled this week, underscoring investor appetite for the country’s emerging generative-AI firms even as established players elsewhere face a valuation reset. The Hong Kong-listed stock surged as much as 22% on Friday to a record HK$492, taking gains this week to around 120%. Peer Minimax Group Inc. also advanced around 40% over the same pe...
Shares of Chinese AI model developer Zhipu have more than doubled this week, underscoring investor appetite for the country’s emerging generative-AI firms even as established players elsewhere face a valuation reset. The Hong Kong-listed stock surged as much as 22% on Friday to a record HK$492, taking gains this week to around 120%. Peer Minimax Group Inc. also advanced around 40% over the same period, while the broader Hang Seng Tech Index remained little changed. Momentum has been fueled by a wave of Chinese firms unveiling major AI model upgrades ahead of the Lunar New Year holiday, a crucial window for user adoption, while Wall Street analysts stay upbeat about their technological edge. Investors are also positioning for an expected release from DeepSeek during the holiday, after last year’s launch triggered a global frenzy over China’s fast-rising AI ecosystem. Zhipu unveiled the latest iteration of its large language model, GLM-5, surpassing a rival from Moonshot AI released just weeks earlier to claim the top spot among open-source models on benchmarking site Artificial Analysis. The company, formally known as Knowledge Atlas Technology JSC Ltd., also hiked the price of its GLM Coding Plan — similar to Anthropic PBC’s Claude Code, which is unavailable in China — by 30% to capitalize on surging demand. Investor sentiment may have also been boosted by Zhipu’s hiring of advisory institutions for a Shanghai Star Market listing. “There is a lot of retail interest as they are among the first Chinese emerging AI model developers listed,” said Vey-Sern Ling , managing director at Union Bancaire Privee. “Still, they are at early stage of development with significant uncertainty around adoption and monetization.” ByteDance, Zhipu Jolt China’s AI Race Ahead of New Year (1) Wall Street Gets On Board With the Hype Over China AI Stocks Samsung, SK Hynix Exceed Value of Chinese Duo as AI Boom Shifts JPMorgan Chase & Co. named Zhipu and Minimax as its top picks “to capture t...