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Promising Leisure Stocks To Watch Today - September 22nd

Amer Sports logo with Consumer Discretionary background

Key Points

  • Amer Sports, Carnival, Airbnb, Royal Caribbean Cruises, and Apollo Global Management are identified as the top leisure stocks to watch today due to their high trading volumes.
  • Leisure stocks, which include companies in **recreation and hospitality**, are influenced by consumer confidence and spending, typically gaining traction during economic upturns.
  • Apollo Global Management specializes in private equity investments across various sectors, emphasizing credit and infrastructure, positioning itself as a significant player in financial markets.
  • Interested in Amer Sports? Here are five stocks we like better.

Amer Sports, Carnival, Airbnb, Royal Caribbean Cruises, and Apollo Global Management are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are equity shares of companies that provide recreation and hospitality services—such as hotels, resorts, casinos, cruise lines, theme parks, restaurants and entertainment venues. They reside in the consumer discretionary sector and tend to rise when consumers have more disposable income and cut back during economic downturns. As a cyclical segment, their performance is closely tied to consumer confidence and travel or entertainment spending. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

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

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

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

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

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

Read Our Latest Research Report on APO

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