Travel Stocks to Watch: MarketBeat Identifies 5 High-Volume Names
MarketBeat's stock screener tool identified five travel stocks to watch today. These stocks are Booking Holdings Inc (BKNG), Expedia Group (EXPE), Travelers Companies (TRV), Trip.com Group (TCOM), and Thor Industries (THO).
The travel industry is considered cyclical, meaning its performance can rise with consumer demand and economic growth but decline during recessions or periods of restricted travel. These five companies had the highest dollar trading volume of any travel stocks within the last several days.
Booking Holdings Inc provides online reservation services through brands such as Booking.com, priceline.com, and agoda.com. Expedia Group operates as an online travel company in the US and internationally, offering various travel products and services through its B2C, B2B, and trivago segments.
Travelers Companies provides a range of commercial and personal property, and casualty insurance products and services to businesses and individuals. Trip.com Group offers travel-related services such as accommodation reservation, transportation ticketing, packaged tours, and in-destination corporate travel management.