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Top Travel Stocks To Follow Today - August 24th

Booking logo with Consumer Discretionary background
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Key Points

  • Booking Holdings, Travelers Companies, Expedia Group, Trip.com Group, and Allegiant Travel are the five travel-related stocks highlighted by MarketBeat’s screener based on recent dollar trading volume.
  • These companies span online travel reservations, property and casualty insurance, transportation ticketing, packaged tours, and leisure air travel, giving investors exposure to multiple areas of the travel industry.
  • Travel stocks are generally considered cyclical: they can benefit from stronger consumer demand and economic growth but may weaken during recessions, crises, or disruptions to travel.
  • Five stocks to consider instead of Booking.

Booking, Travelers Companies, Expedia Group, Trip.com Group, and Allegiant Travel are the five Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of companies in the travel and tourism industry, including airlines, hotels, cruise lines, travel agencies, and online booking platforms. Investors often view them as cyclical stocks because their performance can rise with consumer travel demand and economic growth but decline during recessions, crises, or disruptions to travel. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Read Our Latest Research Report on BKNG

Travelers Companies (TRV)

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

Read Our Latest Research Report on TRV

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Read Our Latest Research Report on EXPE

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

Allegiant Travel (ALGT)

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft.

Read Our Latest Research Report on ALGT

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