These are Wall Street's favorite travel and leisure stocks heading into the unofficial start of summer

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 72%

Factset Research Systems Inc Nachrichten

Hilton Grand Vacations Inc,Las Vegas Sands Corp,Madison Square Garden Co

Hotels, airlines and others could gain in anticipation of profits from a busy summer travel and leisure season.

A collection of travel-related stocks will likely be key beneficiaries as warm summer months arrive and as consumers start to go off on beach and mountain vacations. While the Invesco Dynamic Leisure and Entertainment ETF has lagged the broader S & P 500 in 2024, analysts are bullish on several stocks inside the fund, including Las Vegas Sands and Marriott Vacations . The PEJ has ticked up 4.8% this year, while the S & P 500 has climbed 11%.

Pro scanned FactSet data to search for stocks with buy ratings from at least 55% of analysts, with average price targets implying 20% or more upside ahead. Most companies that made the cut are in the Invesco leisure ETF, while others were added to provide a broader universe of companies. Shares of casino operator Las Vegas Sands have fallen 8.5% so far in 2024. However, analysts think the operator of resorts and casinos in Macao and Singapore has plenty of runway.

screen include ticketing firm Eventbrite and Madison Square Garden Sports .Lisa Kailai Han

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Main Street or Wall Street: Who Has the Correct Market Prespective?Stocks Analysis by Jeffrey Roach covering: S&P 500, Target Corporation. Read Jeffrey Roach's latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Top Wall Street analysts favor these 3 stocks for their growth potentialTipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »