Promising Travel Stocks To Keep An Eye On - July 23rd

Alibaba Group, Costco Wholesale, and SAP are the three Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies whose core business revolves around travel and tourism—think airlines, hotel chains, cruise lines, car rental firms and online booking platforms. Their performance tends to be cyclical, closely tied to consumer confidence, economic conditions and seasonal demand. Investors hold travel stocks to gain exposure to the global mobility and leisure-spending trends that drive the travel industry’s growth potential. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

BABA traded up $1.89 during trading on Wednesday, reaching $122.60. The company's stock had a trading volume of 11,230,903 shares, compared to its average volume of 20,183,162. The firm has a fifty day simple moving average of $116.76 and a two-hundred day simple moving average of $115.86. The company has a market cap of $292.52 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 1.77 and a beta of 0.21. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 1 year low of $73.87 and a 1 year high of $148.43.

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Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Shares of Costco Wholesale stock traded down $0.08 during trading hours on Wednesday, reaching $941.53. 1,290,724 shares of the company were exchanged, compared to its average volume of 2,062,930. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.52 and a current ratio of 1.02. The stock's fifty day moving average is $998.91 and its 200 day moving average is $983.64. The firm has a market cap of $417.55 billion, a PE ratio of 53.39, a PEG ratio of 5.89 and a beta of 0.97. Costco Wholesale has a 1 year low of $793.00 and a 1 year high of $1,078.24.

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SAP (SAP)

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.

Shares of NYSE:SAP traded down $14.66 on Wednesday, reaching $291.63. The company's stock had a trading volume of 3,915,089 shares, compared to its average volume of 1,117,926. The stock has a market capitalization of $358.27 billion, a P/E ratio of 55.77, a PEG ratio of 4.35 and a beta of 1.30. SAP has a 52-week low of $194.93 and a 52-week high of $313.28. The stock's 50-day moving average is $299.81 and its two-hundred day moving average is $281.66. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.17 and a quick ratio of 1.17.

Read Our Latest Research Report on SAP