Fear eventually leads to opportunity.

Look at cruise stocks, for example.

Over the last few weeks, most of the top cruise stocks were crushed by consumer spending, and potential tax crackdown fears.

However, according to analysts at Stifel, the tax fear was a massive overreaction.

Headlines are leading traders to the slaughter. If you want the tools to outsmart the herd and fund your financial goals, click here.

“Analysts argue that over the past 15 years, similar political threats have failed to materialize into policy changes. With the cruise industry’s tax structure deeply intertwined with the much larger cargo sector, Stifel sees a long-shot scenario for meaningful reform. Instead, the investment firm is calling the dip a golden opportunity to snap up shares of these three cruise stocks,” according to BarChart.com.

That being said, keep an eye on cruise stocks, like Royal Caribbean (RCL).

JP Morgan reiterated its buy rating on beaten-down shares of Royal Caribbean (RCL), noting that RCL management still sees positive, strong demand. Oversold at its 200-day moving average, RCL is also starting to pivot higher. It’s also bouncing from over-extensions on RSI, MACD and Williams’ %R. And from its last traded price of $206, we’d like to see RCL initially retest $250. RCL also raised its dividend to 75 cents per share, which is payable on April 4 to shareholders of record as of March 7.

Sincerely,

Ian Cooper

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