Leisure Stocks To Keep An Eye On - April 30th

Key Points

• MarketBeat's screener flags five leisure stocks to watch: Royal Caribbean (RCL), Carnival (CCL), Norwegian Cruise Line (NCLH), Airbnb (ABNB), and Viking (VIK).
• These names were chosen because they recorded the highest dollar trading volume among leisure stocks in recent days, signaling elevated investor interest and liquidity.
• Leisure stocks are cyclical and highly sensitive to consumer discretionary spending, tourism, seasonality, and macroeconomic conditions, so they tend to outperform in expansions and underperform in recessions.

Royal Caribbean Cruises, Carnival, Norwegian Cruise Line, Airbnb, and Viking are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies whose primary business is providing discretionary recreational and hospitality services or products—examples include hotels, airlines and cruise lines, casinos, theme parks, entertainment companies, restaurants, and sporting goods retailers. For investors, these stocks tend to be cyclical and highly sensitive to consumer discretionary spending, tourism and seasonality, and macroeconomic conditions, so they often outperform during economic expansions and underperform during recessions. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

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

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

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

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

Viking (VIK)

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.

Read Our Latest Research Report on VIK

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