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Top Travel Stocks To Watch Now - September 2nd

Alibaba Group logo with Retail/Wholesale background

Key Points

  • Travel stocks highlighted by MarketBeat include Alibaba Group, HWH International, SoFi Technologies, Costco Wholesale, and Affirm, due to their high dollar trading volumes recently.
  • These travel stocks are sensitive to economic health, consumer discretionary spending, and factors like geopolitical events and fuel costs.
  • Each company operates across various segments, such as technology infrastructure, health services, financial services, and retail, indicating diverse business models within the travel sector.
  • MarketBeat previews top five stocks to own in October.

Alibaba Group, HWH International, SoFi Technologies, Costco Wholesale, and Affirm are the five Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies whose core businesses involve facilitating travel and tourism—such as airlines, hotel chains, cruise lines, car‐rental firms and online booking platforms. Because they depend on consumer discretionary spending, economic health, seasonality and travel‐related trends, their share prices tend to be more cyclical and sensitive to factors like geopolitical events, fuel costs and changing vacation patterns. 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.

Read Our Latest Research Report on BABA

HWH International (HWH)

HWH International Inc. operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.

Read Our Latest Research Report on HWH

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Read Our Latest Research Report on SOFI

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.

Read Our Latest Research Report on COST

Affirm (AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

Read Our Latest Research Report on AFRM

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