Leisure Stocks To Keep An Eye On - March 10th

Key Points

• Carnival (CCL), Royal Caribbean (RCL), and Norwegian Cruise Line (NCLH) are the three leisure stocks MarketBeat's screener flags today, chosen for having the highest recent dollar trading volume among leisure names.
• Leisure stocks are cyclical and sensitive to consumer confidence, seasonality, and travel trends, so they are typically viewed as higher-risk, growth- or recovery-oriented investments rather than defensive holdings.
• A linked MarketBeat piece highlights that Royal Caribbean may be cruising toward a new all-time high, indicating bullish momentum in the cruise subsegment of leisure stocks.

Carnival, Royal Caribbean Cruises, and Norwegian Cruise Line are the three Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies whose primary businesses provide discretionary recreation, travel, and entertainment services — for example hotels, cruise lines, airlines, theme parks, casinos, restaurants, and consumer leisure-goods makers. These stocks tend to be cyclical and sensitive to consumer confidence, economic conditions, seasonality and travel trends, so investors usually view them as higher-risk, growth- or recovery-oriented exposures rather than defensive holdings. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

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

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