Best Leisure Stocks To Consider - October 5th

Key Points

• Leisure stocks like Airbnb, Carnival, Royal Caribbean, Norwegian Cruise Line, and Amer Sports are highlighted as top picks due to high trading volumes and cyclical nature, benefiting from strong consumer confidence.
• Airbnb connects hosts and guests worldwide for bookings of private rooms and vacation homes, while also recently reporting mixed earnings indicating potential challenges in growth.
• Carnival Corp. operates multiple cruise brands and is positioned to capitalize on the rebound of the travel industry as consumer spending increases for discretionary leisure activities.

Airbnb, Carnival, Royal Caribbean Cruises, Norwegian Cruise Line, and Amer Sports are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of publicly traded companies whose main businesses involve discretionary entertainment and hospitality services—such as travel operators, hotels and resorts, casinos, theme parks, restaurants and other tourism-related activities. These equities tend to be cyclical, outperforming when consumer confidence and disposable income are strong but underperforming during economic downturns or periods of travel restrictions. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

Airbnb (ABNB)

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.

Read Our Latest Research Report on ABNB

Carnival (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

Read Our Latest Research Report on CCL

Royal Caribbean Cruises (RCL)

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

Read Our Latest Research Report on RCL

Norwegian Cruise Line (NCLH)

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.

Read Our Latest Research Report on NCLH

Amer Sports (AS)

Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.

Read Our Latest Research Report on AS

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