David Beckel

Pair trading is a market-neutral trading strategy of taking opposing positions — long-short — in a pair of highly correlated instruments. It's a risk mitigation strategy that helps to turn a profit from any market condition. In a Wednesday note, Bernstein identified a potential...

Analysts at Bernstein no longer hold a bullish view on Harley-Davidson Inc (NYSE: HOG) given the belief that motorcycle demand in the United States is "in the throes of secular erosion." Bernstein's David Beckel downgraded Harley-Davidson's stock from Outperform to Market Perform...

Contrary to recent concerns, Cruise lines appear well-positioned to withstand a moderate increase in oil prices in the near term, and the greater risk seems to be increased share price volatility caused by “oil-related headlines or a sustained increase in oil prices in the absence of a...

Despite challenges in the cruiseline space, Carnival Corp (NYSE: CCL) has maintained or raised its net revenue yield growth guidance through the year, while Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) has been dealing with structural limitations arising from its lack of global scale,...

Bernstein analysts David Beckel and Apple Li are bullish on the cruise industry while remaining cautious toward lodging and powersports. Beckel and Li analyzed seven stocks from the three different segments and selected four — Royal Caribbean Cruises Ltd (NYSE: RCL), Norwegian Cruise Line...