Travel Industry Stocks on the Rise: 7 Promising Names
The travel industry is seeing a boost in interest among investors, according to MarketBeat's stock screener tool. Seven stocks that have been identified as promising in this sector are Booking Holdings Inc. (BKNG), Expedia Group (EXPE), Travelers Companies (TRV), Trip.com Group (TCOM), Thor Industries (THO), Navan, and MakeMyTrip (MMYT).
These companies operate in various aspects of the travel industry, including airlines, hotels, cruise lines, online booking platforms, and travel services. Their performance is influenced by consumer spending, economic conditions, fuel costs, seasonality, and events that affect people's ability or willingness to travel.
Booking Holdings Inc., for example, provides travel and restaurant online reservation and related services through its Booking.com, priceline.com, and agoda.com brands. Expedia Group operates as an online travel company in the US and internationally, offering a range of travel products and services.