Travel Stocks to Watch Today: MarketBeat's Top Picks
The travel and tourism industry is a significant sector that can be influenced by various factors such as consumer demand, economic conditions, fuel prices, exchange rates, and events affecting tourism. MarketBeat's stock screener tool has identified seven travel stocks to watch today: Booking Holdings Inc (BKNG), Expedia Group (EXPE), Travelers Companies (TRV), Trip.com Group (TCOM), Thor Industries (THO), Navan (NAVN), and OUTFRONT Media (OUT). These companies have the highest dollar trading volume of any travel stocks within the last several days.
Booking Holdings Inc is a provider of travel and restaurant online reservation and related services. The company connects consumers with providers of travel services worldwide through its online travel brands, including Booking.com, priceline.com, and agoda.com. Analysts are bullish on the stock despite it being down 20%.
Expedia Group operates as an online travel company in the US and internationally. Its B2C segment includes Brand Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com, and CarRentals.com. Trip.com's selloff raises questions about its travel recovery story.
The other companies on the list offer a range of services including commercial and personal property insurance, corporate travel management, accommodation reservation, transportation ticketing, packaged tours, and in-destination services.