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Promising Leisure Stocks To Follow Now - March 11th

Carnival logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener flagged seven Leisure stocks with the highest recent dollar trading volume: Carnival (CCL & CUK), Royal Caribbean (RCL), Norwegian Cruise Line (NCLH), Airbnb (ABNB), Amer Sports (AS), and Viking (VIK).
  • Cruise operators dominate the list, with four of the seven names (Carnival, Royal Caribbean, Norwegian, Viking) highlighting strong investor interest in the travel/cruise recovery.
  • Leisure stocks are cyclical and sensitive to consumer discretionary spending, tourism trends and seasonality, so investors should watch consumer confidence, travel metrics and macro indicators when assessing risk and growth potential.
  • Five stocks we like better than Carnival.

Carnival, Royal Caribbean Cruises, Norwegian Cruise Line, Airbnb, Amer Sports, Viking, and Carnival are the seven Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies that provide recreational, travel, and entertainment products or services—examples include hotels, casinos, cruise lines, theme parks, restaurants, sports and entertainment firms, and travel operators. These stocks are typically cyclical and sensitive to consumer discretionary spending, tourism trends and seasonality, so their revenues and valuations often rise in economic expansions and fall in downturns. Investors therefore monitor consumer confidence, travel metrics and macro indicators when assessing risk and growth potential in the leisure sector. 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

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

Amer Sports (AS)

Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.

Read Our Latest Research Report on AS

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

Carnival (CUK)

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.

Read Our Latest Research Report on CUK

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