Leisure Stocks To Consider - October 3rd

Key Points

• Investors should consider five key leisure stocks: Airbnb, Carnival, Royal Caribbean Cruises, Norwegian Cruise Line, and Peloton Interactive, all of which have shown high trading volumes recently.
• Leisure stocks are sensitive to factors such as disposable income, consumer confidence, and economic cycles, making metrics like tourist arrivals and occupancy rates crucial for performance evaluation.
• Airbnb operates a platform for booking stays and experiences globally, highlighting a trend in the leisure sector focused on online marketplaces for hospitality.

Airbnb, Carnival, Royal Caribbean Cruises, Norwegian Cruise Line, and Peloton Interactive are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of publicly traded companies that operate in travel, hospitality, entertainment and recreation—such as hotels, cruise lines, theme parks, gaming operators and restaurants. These companies fall under the consumer discretionary sector, meaning their revenue and profitability are closely tied to changes in disposable income, consumer confidence and broader economic cycles. Investors in leisure stocks typically watch metrics like tourist arrivals, occupancy rates and consumer spending on non-essential services to gauge future performance. 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

Peloton Interactive (PTON)

Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.

Read Our Latest Research Report on PTON