Top Leisure Stocks To Add to Your Watchlist - September 20th

Key Points

• Caesars Entertainment, Royal Caribbean Cruises, Airbnb, Carnival, and Apollo Global Management are the top leisure stocks highlighted for potential investment interest as of September 20th.
• Leisure stocks are closely tied to consumer discretionary spending patterns, often indicating overall consumer confidence in the economy.
• The article discusses each company's operational focus, such as Caesars' gaming and hospitality services and Royal Caribbean's global cruise operations.

Caesars Entertainment, Royal Caribbean Cruises, Airbnb, Carnival, and Apollo Global Management are the five 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 hotels, cruise lines, theme parks, casinos, airlines and fitness centers—that rely heavily on consumers’ discretionary spending. Because these businesses are cyclical, leisure stocks often outperform during economic expansions and lag during downturns, making them a barometer of consumer confidence. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

Caesars Entertainment (CZR)

Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.

Read Our Latest Research Report on CZR

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

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

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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