Leisure Stocks To Watch Today - October 7th

Key Points

• Leisure stocks such as Airbnb, Carnival, and Royal Caribbean Cruises are currently seeing significant trading volume, indicating strong investor interest in the sector.
• Airbnb recently reported positive earnings; however, concerns are emerging about its future growth trajectory.
• Carnival and Royal Caribbean operate leading cruise businesses, with Carnival managing multiple brands in both North America and Australia, while Royal Caribbean operates a diverse fleet of 65 ships globally.

Airbnb, Carnival, and Royal Caribbean Cruises are the three Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies that provide recreational and entertainment services—such as airlines, hotels, cruise lines, casinos, theme parks and sports venues. As consumer discretionary investments, their performance is closely tied to household confidence and spending on non-essential activities, making them cyclical and sensitive to broader economic trends. 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