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Leisure Stocks To Keep An Eye On - May 9th

Airbnb logo with Consumer Discretionary background
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Key Points

  • Airbnb, Carnival, Royal Caribbean, Planet Fitness, and Norwegian Cruise Line are highlighted as the five leisure stocks to watch, based on recent high dollar trading volume.
  • The article frames leisure stocks as companies tied to recreation, travel, entertainment, and other non-essential consumer activities, including cruise lines, hotels, airlines, and fitness operators.
  • Among the names listed, Airbnb stands out as a platform connecting hosts and guests for stays and experiences worldwide, while the cruise operators and Planet Fitness represent major subsectors within leisure.
  • Five stocks to consider instead of Airbnb.

Airbnb, Carnival, Royal Caribbean Cruises, Planet Fitness, and Norwegian Cruise Line are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies that provide products or services related to recreation, travel, entertainment, and other non-essential activities people enjoy in their free time. For stock market investors, they typically include businesses such as hotels, airlines, casinos, cruise lines, theme parks, restaurants, and media or entertainment companies. 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

Planet Fitness (PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.

Read Our Latest Research Report on PLNT

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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Should You Invest $1,000 in Airbnb Right Now?

Before you consider Airbnb, you'll want to hear this.

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