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Top Leisure Stocks Worth Watching - May 8th

Airbnb logo with Consumer Discretionary background
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Key Points

  • Seven leisure stocks to watch: Airbnb (ABNB), Carnival (CCL), Royal Caribbean (RCL), Planet Fitness (PLNT), Life Time Group (LTH), Norwegian Cruise Line (NCLH), and Trip.com Group (TCOM) showed the highest dollar trading volume among leisure names recently.
  • Sector sensitivity: Leisure stocks are cyclical and highly sensitive to consumer discretionary spending, tourism trends and seasonality, so investors should monitor consumer confidence and travel demand when evaluating these companies.
  • Competitive pressure: Uber’s recent product showcase suggests it is targeting Airbnb and Booking, potentially increasing competition in the online travel marketplace.
  • Interested in Airbnb? Here are five stocks we like better.

Airbnb, Carnival, Royal Caribbean Cruises, Planet Fitness, Life Time Group, Norwegian Cruise Line, and Trip.com Group 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, hospitality and entertainment goods or services — for example hotels, cruise lines, theme parks, casinos, restaurants, airlines and leisure-equipment makers. They tend to be cyclical and highly sensitive to consumer discretionary spending, tourism trends and seasonality, so investors monitor economic indicators like consumer confidence and travel demand when evaluating them. 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

Planet Fitness (PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.

Read Our Latest Research Report on PLNT

Life Time Group (LTH)

Life Time Group Holdings, Inc. provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.

Read Our Latest Research Report on LTH

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

Trip.com Group (TCOM)

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.

Read Our Latest Research Report on TCOM

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