Norwegian has plenty of scope to trim its net cruise costs, Chaiken added, and if these savings are managed effectively the company's fundamentals could see pronounced improvements. Norwegian is a favorite among the cruise stocks Mizuho covers, the analyst wrote, adding that it boasts "the most compelling event path in our broader coverage."

Norwegian Cruise Line (NCLH) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.