CNBC Pro

Goldman upgrades Norwegian Cruise Line, says it's best-positioned

The Norwegian Cruise Line Norwegian Bliss cruise ship passes through Johns Hopkins Inlet in Glacier Bay, Alaska, July 11, 2019.
Tim Rue | Bloomberg | Getty Images

The immediate future of the cruise industry remains unclear, but Goldman Sachs sees significant upside for one of the industry's major stocks.

The investment firm upgraded Norwegian Cruise Line Holdings to buy from neutral on Tuesday night, saying that its business mix and balance sheet put it in a strong position relative to other major cruise players.

More In Street Calls

This little-known lithium stock is set to surge more than 60% next year, Cowen predicts
CNBC ProThis little-known lithium stock is set to surge more than 60% next year, Cowen predicts
Wolfe Research downgrades travel stocks, says demand likely to slow as economic headwinds pick up
CNBC ProWolfe Research downgrades travel stocks, says demand likely to slow as economic headwinds pick up
Top media analyst from Bank of America names the best value stock in the sector
CNBC ProTop media analyst from Bank of America names the best value stock in the sector